To Correct a Balance of Payments Deficit and Inflation a Nation

question 2

Multiple Choice

To correct a balance of payments deficit and inflation a nation requires a:

• A)devaluation and expansionary fiscal and monetary policies
• B)devaluation and contractionary fiscal and monetary policies
• C)devaluation or revaluation and contractionary fiscal and monetary policies
• D)revaluation and either expansionary or contractionary fiscal and monetary policies

---

Definitions:

Cooperation

Cooperation involves the process where two or more entities work or act together for common or mutually beneficial purposes.

Influence Tactics

Methods used to shape or change others' perceptions or behavior in a desired direction.

Rational Persuasion

A technique that involves persuading others through the use of rational reasoning and verifiable data to adopt a certain perspective or undertake a specific action.

Sell Decision

A sell decision is a financial strategy or choice made by an investor or a firm to dispose of an asset or security.