A Country's Balance of Payments Deficit Is Not Likely to Be

question 60

True/False

A country's balance of payments deficit is not likely to be a problem in the short run if the deficit is due to the fact that it is purchasing high-productivity capital items.

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Definitions:

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, influencing the likelihood of that behavior being repeated.

Pavlovian Conditioning

A form of learning in which a neutral stimulus comes to elicit a response after being paired with a stimulus that naturally brings about that response.

Classical Conditioning

A conditioning technique where, through recurrent pairing of two stimuli, a reaction initially caused by the second stimulus is eventually caused by the first stimulus alone.

Species-Specific

Pertaining or unique to a particular species.