A Favourable Balance of Payments Means That

question 81

Multiple Choice

A favourable balance of payments means that

• A) exports exceed imports.
• B) imports exceed exports.
• C) payments exceed trade.
• D) exports and other payments exceed imports and other receipts.
• E) total receipts exceed total payments.

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Definitions:

Robert Karasek

A social psychologist best known for his work on job strain and the demand-control model, which discusses the effects of occupational stress on health.

Psychological Demands

Refer to the mental efforts and capacities required to cope with or adjust to parts of the environment, such as workload and stressors.

Decision Control

Decision control refers to the extent to which individuals have the ability to make choices regarding their actions or outcomes in various situations.

Full-Time Workweek

The standard period of work, often defined as working 35-40 hours or more per week, in a professional setting.