Critics of IMF Argue That the Tight Macroeconomic Policies Imposed

question 96

Multiple Choice

Critics of IMF argue that the tight macroeconomic policies imposed by the IMF on the Asian nations are suited to countries that are suffering from:

• A)excessive government spending.
• B)high levels of inflation.
• C)declining domestic demand and excessive export growth.
• D)a private-sector debt crisis with deflationary undertones.

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Definitions:

Cooptation

A strategy by which members of a group are absorbed or assimilated to quell dissent and secure authority.

Hospices

Specialized care facilities or services that provide support and care for those in the final phase of a terminal illness, focusing on comfort and quality of life.

Outpatient Surgeries

Surgical procedures that do not require the patient to stay overnight in a hospital, allowing for recovery at home.

Older and Sicker

A phrase referring to the demographic trend where populations are aging and experiencing more chronic health conditions or illnesses as a result.