The Debit Side of the Current Account Includes the Imports

question 223

Multiple Choice

The debit side of the current account includes the imports of

• A)goods only
• B)goods and services
• C)services only
• D)services and resources only
• E)financial assets

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Definitions:

Door-In-The-Face Technique

A persuasion strategy that involves making a large request that is expected to be refused in order to make a smaller request seem more reasonable.

Frugal

Characterized by thriftiness and economical use of resources, avoiding waste and unnecessary expense.

Absolute Threshold

The minimum intensity of stimulation required to produce a sensory experience or for a stimulus to be detected 50% of the time.

Just Noticeable Difference

The minimum amount by which stimulus intensity must be changed in order to produce a noticeable variation in sensory experience.