Which of the following describes one of the requirements that the International Monetary Fund (IMF)has imposed on certain developing countries?
A) The government decreases spending in order to bring inflation under control.
B) Private industries decrease prices in order to bring inflation under control.
C) The government increases loans in order to create more money in the local markets.
D) The local banks increase loans in order to create more money in the local markets.
E) The government and private industries partner in creating more jobs in the region.

Question

Quizplus · Accepted Answer

The IMF has often required developing countries to decrease government spending in order to control inflation and stabilize their economies. This is typically done through austerity measures and reducing subsidies.

Which of the Following Describes One of the Requirements That