As Part of Its IMF Conditionality Agreement,India Was Required to __________

question 64

Multiple Choice

As part of its IMF conditionality agreement,India was required to __________.

• A)subsidize its export sector
• B)increase the amount of foreign currency reserves held in its central bank
• C)reorient its economy to increase domestic consumption
• D)sell off inefficient state-owned enterprises and reduce bureaucracy

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Definitions:

Population Parameter

A value that represents a characteristic of an entire population, such as its mean or standard deviation.

Statistic

A statistic is a single measure or value that is derived from a sample of data, used to estimate or infer properties of the population from which the sample was drawn.

Alpha Value

A specified threshold in hypothesis testing that represents the maximum probability of wrongly rejecting the null hypothesis.

Rejecting Null Hypothesis

The decision in hypothesis testing that the evidence is strong enough to conclude a significant effect exists.