According to the Brandt report the IMF’s insistence on drastic measures in short time periods ?

Related Mcqs:

1. The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve ?

   A. At their lowest points
   B. When they are declining
   C. When they are increasing
   D. When marginal revenue is zero

2. Depression is a drastic decline in a national or international economy. It’s characteristic is_____________?

   A. Decreasing business activity
   B. Falling prices
   C. Unemployment
   D. All of these

3. Depression is a drastic decline in a national of international economy It’s characteristic is ?

   A. Decreasing business activity
   B. Falling prices
   C. Unemployment
   D. All of these

4. When the world Bank or IMF requires improved external balance in the short run the agency may condition its loan on expenditure switching that is ?

   A. switching spending from domestic to foreign sources
   B. devaluing local currencies
   C. increase trade restrictions by imposing quota
   D. increase government spending

5. More and more salespeople are being evaluated and compensated based on different measures than in the past. All of the following are illustrations of those measures EXCEPT ?

   A. long term customer sanctification
   B. competitive predatory pricing performance
   C. full customer service
   D. retention rates

6. Because in-kind transfers are not accounted for in standard measures of income distribution the standard measures of income distribution ?

   A. accurately represent the true inequality of living standards
   B. understate the inequality of living standards
   C. exaggerate the inequality of living standards
   D. could exaggerate of understate the inequality of living standards depending on whether the transfers are goods or services.

7. The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ?

   I- probability at birth of not surviving to age 40
   II- adult illiteracy rate
   III- negative economic growth
   IV- lack of a decent standard of living

   A. I and II only
   B. III and IV only
   C. I, II and III only
   D. I, II and IV

8. Term the covering of a short position by purchasing a long contract, usually resulting from the short of a commodity ?

   A. Short-positioning
   B. Buyback
   C. Drawback
   D. None of them

9. Fundamentalists want the IMF to lend to crisis-stricken countries on condition that they undertake fundamental structural reforms in banking Joseph Stiglitz however thinks it is______________?

   A. unrealistic for IMF to intervene in the financial markets of poor countries during the crisis
   B. impractical for the IMF to loan short term as reforms can only be effective in the middle to long run
   C. crucial that the IMF intervene in the reform of fiscal policy of the country and not the monetary policy
   D. None of the statements above is correct

10. Mosley Harrigan and Toye refer to the IMF and World Bank as________________?

    A. excessively committed to writing down LDC debt
    B. a managed duopoly of policy advice
    C. a U.S monoply
    D. the initiator of HIPCs debt forgiveness