Under a Flexible Exchange Rate System,if the Quantity Supplied of Dollars

question 1

Multiple Choice

Under a flexible exchange rate system,if the quantity supplied of dollars is greater than the quantity demanded of dollars,there is a:

• A)balance of payments deficit and the dollar would depreciate.
• B)balance of payments surplus and the dollar would depreciate.
• C)balance of payments deficit and the dollar would appreciate.
• D)balance of payments surplus and the dollar would appreciate.

---

Definitions:

Resocialization

The process by which individuals learn new norms, values, attitudes, and behaviors, replacing those from their previous roles or environments.

Preindustrial Societies

Societies characterized by an economy based on agriculture and small-scale manufacturing, with limited technological development.

Generalized Other

A concept in sociology referring to the common behavioral expectations and attitudes adopted by individuals in society as a basis for understanding the perspectives of others.

Internalize

The psychological process of absorbing and integrating beliefs, values, standards, or norms into one's own personality or consciousness.