The Figure Below Shows the Demand (D) and Supply (S)

question 109

Multiple Choice

The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4

-Which of the following statements concerning the International Monetary Fund is true?

• A)The IMF was created to help finance economic development in poor countries.
• B)One of the principal aims of the IMF is to discourage international trade and encourage countries to become self-sufficient.
• C)The IMF lends money to countries experiencing large balance-of-payments surpluses.
• D)When the IMF lends currencies, it always insists on the borrowing country taking action to reduce its balance-of-payments surplus.
• E)The IMF obtains funds from annual membership fees charged to member countries.

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Definitions:

Social Class

A division of a society based on social and economic status.

Simulation

The use of a model to replicate and understand the behavior of a system or process over time.

Component

A constituent part of a larger whole, used in various contexts from electronics to software engineering to describe an element or piece that plays a specific role.

Outcomes

The results or consequences of actions, processes, or experiments, which can be measured and analyzed.