Figure 19-2 Of the Graphs in Figure 19-2, Where the Broken Line

question 159

Multiple Choice

Figure 19-2

Of the graphs in Figure 19-2, where the broken line represents the fixed exchange rates, which one shows how a balance of payments deficit could be reduced through a recession in Japan?

• A) 1
• B) 2
• C) 3
• D) 4

---

Definitions:

Can Occur

Indicates the possibility or likelihood that an event or condition may happen.

Event

An occurrence or outcome in a probabilistic context, which can be one or more results of an experiment or random process.

Outcomes

The possible results or consequences that may stem from a specific action, event, or decision.

Likelihood

A measure of how probable a particular set of observations is given a specific model or parameter value, often used in statistical inference.