Which of the following is false regarding the International Monetary Fund?
A) The day-to-day operations of the International Monetary Fund are run by an executive committee.
B) The International Monetary Fund is funded by monetary contributions of member nations assessed based on the size of each nation's economy.
C) The International Monetary Fund is headquartered in Washington, D.C.
D) The International Monetary Fund may make grants to needy countries, but it does not make loans.
E) A country does not have to agree to any conditions in order to receive assistance from the International Monetary Fund.
Correct Answer:
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