When a Temporary Adverse Supply Shock Hits a Small Open

question 89

Multiple Choice

When a temporary adverse supply shock hits a small open economy,it causes the current account to ________ and investment to ________.

• A)fall;fall
• B)rise;remain unchanged
• C)fall;remain unchanged
• D)rise;fall

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Definitions:

Prototypes

A cognitive representation of the category's most typical members, serving as a prime example or epitome of a particular category or concept.

Bodily/Kinetic Intelligence

An intelligence type proposed by Howard Gardner's theory of multiple intelligences, highlighting an individual's ability to control body movements and handle objects skillfully.

Sternberg's Triarchic Theory

A theory of intelligence proposing that human intelligence comprises three aspects: analytical, creative, and practical abilities.

Human-Like Language

Language or communication methods that mimic or resemble human language in structure, complexity, or mode of expression.