20. Which of the following is true of bilateral funding? a. It is provided by th
ID: 2439769 • Letter: 2
Question
20. Which of the following is true of bilateral funding?
a. It is provided by the World Bank only.
b. It is tied to the purchase of goods and services from donor countries.
c. It includes grants and loans that are extended at very high interest rates.
d. It is provided by the International Monetary Fund only.
e. It is provided by philanthropic organizations.
21. The reinvested profits of a corporation are known as:
a. retained earnings, and these help a firm to grow.
b. dividends, and these are paid to the shareholders of the corporation.
c. dividends, and these are paid to the bondholders of the corporation.
d. retained earnings, and these are retained by the entrepreneur.
e. retained earnings, and these are retained by shareholders.
22. Which of the following is true of welfare reforms in the United States?
a. Almost all individuals leaving welfare have full-time jobs.
b. The earned-income tax credit was discontinued after the introduction of the Social Security program.
c. Single mothers who head families have found jobs.
d. Former welfare recipients who are now working find that they no longer qualify for food stamps, child care, or Medicaid.
e. Welfare rolls remained stable during the late 1990s and the early twenty-first century.
23. Which of the following is true of the foreign aid provided by the United States?
a. During the last four decades, the U.S. has provided less than $400 million in aid.
b. Most U.S. aid has been coordinated by the Department of Defense.
c. The U.S. Agency for International Development emphasizes short-range plans.
d. The U.S. Agency for International Development focuses on health, education, and agriculture.
e. Foreign aid is a large part of the U.S. federal budget.
24. The newly industrialized Asian economies have developed by adopting the latest technology and investing in _____.
a. human capital
b. the agricultural sector
c. defense equipment
d. public infrastructure like roads, communication, and transport
e. developing consumer-oriented products.
Explanation / Answer
20 )
Bilateral funding implies the financial assistance between two countries. This is carried out only to meet political and economic aspirations.
Unlike multilateral funding, these are tied of purchase of good and service from donor countries.
Right answer is (B)
21)
Retained earnings are reinvested. Reinvestment is likely to increase future profits of firm.
Hence, right answer is (A)
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