Which of the following is not a quasi-public good ?

A. National defense
B. An automobile
C. Libraries
D. Fire protection

Which of the following statement is NOT true about state owned enterprises (SOEs) ?

A. Soes perform better with competition
B. Successful performing soes in japan, singapore and sweden have greater managerial autonomy and accountability than other soes
C. Soes in south korea and sweden generally achieve inferior economic results to those in ghana
D. Financial autonomy is a major factor contributing to soes managerial effectiveness

A development bank based in London, which loans funds to governments of Eastern Europe and the former Soviet Union is the ?

A. Transitional monetary fund
B. World bank
C. European bank for reconstruction and development
D. Oecd

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

I- Contributes to low-income countries recovery quickly
Ii- reduces basis-needs attainment
Iii- may lead to imf riots
Iv- may lead to the downfall of governments

Internal balance refers to ?

A. Full employment and price stability
B. Exports minus imports
C. Monetary policy offsetting fiscal policy
D. Exports equal to imports

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

Countries such as ________ that failed to adjust to a persistent external disequilibrium were more vulnerable to poverty displacement and even war ?

A. Japan and korea
B. Brazil and argentina
C. Algeria and yugoslavia
D. Singapore and malaysia

Before the 1978 reforms China had a(n) ?

A. Agricultural bank only
B. Urban credit cooperatives
C. Mono bank system
D. Housing savings banks

If Pakistani citizens become less concerned with the future and save less at each real interest rate ?

A. Real interest rates rise and investment falls
B. Real interest rates rise and investment rises
C. Real interest rates fall and investment rises
D. Real interest rates fall and investment falls

An increase in the budget surplus ?

A. Shifts the supply of loanable funds to the left and increase the real interest rate
B. Shift the supply of loanable funds to the right and reduces the real interest rate.
C. Shifts the demand for loanable funds to the right and increases the real interest rate.
D. Shifts the demand for loanable funds to the left and reduces the real interest rate