The Policies the IMF Imposes on a Member Is Expected

question 5

Multiple Choice

The policies the IMF imposes on a member is expected to follow to ensure that the member will overcome its payment problems and able to repay back the funds are called:

• A) Regulations
• B) Conditionality
• C) Enforcement
• D) Rules of the loan

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Definitions:

Utilitarian

Describes products, services, or actions that are practical and functional rather than decorative or ornamental.

Hedonic

Relating to or considered in terms of pleasant (or unpleasant) sensations; often used in the context of hedonic consumption which refers to the utility derived from pleasure.

Linda Lundstrom

A Canadian fashion designer known for her innovative designs and contributions to the Canadian fashion industry.

Cognitive Dissonance

is the psychological discomfort experienced when holding two or more contradictory beliefs, values, or ideas, often leading to an alteration in beliefs or behaviors to reduce the dissonance.