Question

Which of the following statements about loans from the IMF and World Bank is false? A. Corrupt leaders often embezzle funds, but countries must repay the money anyway, even after the leader is removed from office. B. Loans never are spent in ways that benefit economic growth. C. Loan requirements may force nations to cut spending on social programs, including health care and education. D. Required debt payments sometimes exceed annual Gross Domestic Product.

Answer 1

Hey mate the answer should be D
because debt payments are sufficient for us and it also do not exceed annual Gross Domestic Products.

Answer 2

The false statement in the options provided regarding the loans from the IMF and World Bank is:

● Option D. Required debit payment sometimes exceeds annual Gross Domestic Product.

● This is because GDP is equal to the economic progress of a country and its debits can never increase GDP because it affects the economic status of the whole country.