When a USResident (1)purchases Foreign Treasury Bills and Pays by (2)drawing Down

question 18

Multiple Choice

When a U.S.resident (1) purchases foreign treasury bills and pays by (2) drawing down his bank balances abroad,the U.S.:

• A)debits short-term financial and credits official reserves
• B)debits capital for (1)and credits capital for (2)
• C)debits official reserves and credits capital
• D)credits short-term capital and debits official reserves

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Definitions:

Negative Reinforcement

A form of conditioning where a response is strengthened by stopping, removing, or avoiding a negative outcome or aversive stimulus.

Law Of Effect

A principle in psychology that behaviors followed by positive outcomes are likely to be repeated, while those followed by negative outcomes are less likely to be repeated.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Operant Conditioning

A learning process through which behavior is shaped and maintained by its consequences, including reinforcements and punishments.