A Benefit of Automatic Adjustment Mechanisms Is That They

question 2

Multiple Choice

A benefit of automatic adjustment mechanisms is that they:

• A)avoid the possibility of policy mistakes
• B)avoid the time lags associated with adjustment policies
• C)begin to operate as soon as balance of payments disequilibria develop
• D)all of the above

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Definitions:

Gust Of Wind

A gust of wind is a brief, strong rush of wind that suddenly increases in speed before diminishing.

Spinal Cord

The main pathway for information connecting the brain and peripheral nervous system.

Supportive Tissue

Biological tissue that provides support and structure for the organs and body, such as bone and cartilage.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord.