According to the Monetary Approach to the Balance of Payments,a

question 15

Multiple Choice

According to the monetary approach to the balance of payments,a deficit in the nation's balance of payments results from:

• A)an excess in the nation's stock of money supply that is not eliminated or corrected by the nation's monetary authorities
• B)an excess in the stock of money demanded in the nation that is not satisfied by domestic monetary authorities
• C)an excess in the stock of money demanded in the other nation that is not satisfied by the other nation's monetary authorities
• D)an excess of imports over exports in the nation

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Definitions:

1870

marks the year significant for several historical events, such as the completion of the Fifteenth Amendment in the United States, granting African American men the right to vote.

Demographic Variables

Characteristics of populations used in social science and statistics, such as age, gender, income level, and educational attainment, to study changes and trends.

Correlated

When two or more variables have a mutual relationship or connection, where changes in one tend to be associated with changes in the other.

Voter Turnout

The proportion of qualified electors who participate in voting during an election.