11.The World Bank classifies low-income countries as those with per capita incomes less than a maximum threshold
12.Which of the following is a private organization that periodically seeks to address financial problems of less developed nations?
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?
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?
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.