One of the Major Objectives of the World Bank Is

question 94

Multiple Choice

One of the major objectives of the World Bank is to:

• A) Provide financial backing for the United Nations
• B) Maximize its profits for its worldwide shareholders
• C) Provide technical assistance to DVCs
• D) Maintain stable exchange rates in IACs and DVCs

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Definitions:

Government Program

An initiative undertaken by a government body to achieve specific social, economic, or political objectives, often involving expenditure from public funds.

Subsidy

Financial assistance granted by the government, organizations, or individuals to support businesses, markets, or activities deemed beneficial to the public interest.

Demand Curve

A graphical representation of the relationship between the price of a good or service and the quantity demanded by consumers.

Price Ceiling

A legally imposed limit on how high a price can be charged for a product, service, or commodity.