1.The World Bank classifies low-income countries as those with per capita incomes less than a maximum threshold
of about:
Select one:
a. 4000
b. 1000
c. 12000
d. 18000
12.Which of the following is a private organization that periodically seeks to address financial problems of less developed nations?
Select one:
a. World Bank
b. London Club
c. International Bank for Reconstruction and Development
d. Paris Club
13.Which of the following is not a characteristic of a monopolistically competitive industry?
Select one:
a. similar but differentiated products
b. positive or negative long-run economic profits
c. small share of total industry output by any individual firm
d. easy entry and exit
14.Which of the following is not a constituent institution of the World Bank?
Select one:
a. International Center for Settlement of Investment Disputes
b. International FINANCE CORPORATION
c. World Trade Organization
d. International Bank for Reconstruction and Development
15.A country-s per capita real income is equal to the product of a nation-s population multiplied by the country-s aggregate, inflation-adjusted income.
Select one:
True
False
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