To Correct a Balance of Payments Surplus and Inflation a Nation

question 15

Multiple Choice

To correct a balance of payments surplus and inflation a nation requires:

• A)expansionary fiscal policy and easy monetary policy
• B)contractionary fiscal policy and tight monetary policy
• C)contractionary fiscal policy and easy monetary policy
• D)expansionary fiscal policy and tight monetary fiscal policy

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Definitions:

Crowds

Large groups of people gathered together, usually without formal structure, often for a common purpose or event.

Cliques

Social groups, usually within larger groups, characterized by tight-knit and often exclusionary relationships among members who share common interests or backgrounds.

Peers

Individuals who are at a similar age or level of development, often influencing one's social and psychological growth.

Psychological Closeness

The feeling of emotional intimacy and connection between individuals.