Which One of the Following Statements Is Most Correct

question 21

Multiple Choice

Which one of the following statements is most correct?

• A) If central banks are not sterilizing and the home country has a balance of payments surplus, any associated increase in a foreign central bank's claims on the home country implies a decreased foreign money supply.
• B) If central banks are not sterilizing and the home country has a balance of payments surplus, any associated decrease in a foreign central bank's claims on the home country implies a decreased foreign money demand.
• C) If central banks are not sterilizing and the home country has a balance of payments surplus, any associated decrease in a foreign central bank's claims on the home country implies a decreased foreign money supply.
• D) If central banks are not sterilizing and the home country has a balance of payments shortage, any associated decrease in a foreign central bank's claims on the home country implies a decreased foreign money supply.
• E) If central banks are not sterilizing and the home country has a balance of payments shortage, any associated decrease in a foreign central bank's claims on the home country implies an increased domestic money supply.

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Definitions:

Reform Unionism

A strategy within labor unions that focuses on broader social issues beyond traditional labor rights, including social justice, environmental concerns, and political activism.

Uplift Unionism

A labor movement approach that emphasizes improving the moral, intellectual, and economic conditions of workers.

Industrial Unionism

A labor union organizing method where all workers in the same industry, regardless of their specific jobs or skills, are organized into a single union.

Working Class

A social group consisting of people employed in lower tier jobs, often involving manual labor and receiving wages.