Which Approach to Balance-Of-Payments Adjustment Suggests That Balance-Of-Payments Surpluses Are

question 8

Multiple Choice

Which approach to balance-of-payments adjustment suggests that balance-of-payments surpluses are the result of excess money demand in the home country?

• A) Absorption approach
• B) Elasticities approach
• C) Monetary approach
• D) Purchasing-power-parity approach

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Definitions:

REM Sleep

A phase of sleep characterized by rapid eye movement, dreaming, and increased brain activity similar to the waking state.

Electroencephalograph (EEG)

A medical test used to measure the electrical activity of the brain, often used in the diagnosis of neurological conditions.

REM Sleep

Rapid Eye Movement Sleep, a unique phase of sleep characterized by rapid movement of the eyes, increased brain activity, and vivid dreams.

Amplitude

The extent of a vibratory movement, measured from the position of equilibrium to the highest point of the wave, indicating the strength or intensity of a wave phenomenon.