Which of the Following Is Focused on Making Low-Interest Loans

question 90

Multiple Choice

Which of the following is focused on making low-interest loans to cash-strapped governments in poor nations that wish to undertake significant infrastructure investments?

• A) The WTO
• B) The GATT
• C) The World Bank
• D) The IMF

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Definitions:

Ceteris Paribus

A Latin phrase meaning "all other things being equal," used in economics to isolate the relationship between two variables by holding other relevant factors constant.

Price of Capital

Refers to the cost of using capital goods, such as machinery or buildings, in the production of goods and services, often influenced by interest rates and market demand.

Optimal Product Technique

A strategy or process aimed at finding the most efficient and effective way to produce goods or services.

Price of Labor

The cost associated with hiring workers, often considered in terms of wages or salaries.