Which of the Following Is NOT One of the Determinants

question 77

Multiple Choice

Which of the following is NOT one of the determinants of the gains of adopting a single currency?

• A)A well-synchronized business cycle involving all member countries
• B)The possibility of factors of production to freely move across borders
• C)The willingness and ability of member countries to design policies to address regional imbalances that may develop
• D)Widening the common market by allowing other countries to join

---

Definitions:

Mental Representations

Internal cognitive symbols, concepts, or images that represent external reality, allowing individuals to think about and function in the world.

Event Contingencies

The relationship between actions and outcomes in a given situation.

Tolman

Edward Chace Tolman was a cognitive psychologist who introduced the concept of cognitive maps in learning theory.

Expectations

Beliefs or predictions about future events that can influence an individual's perception and behavior.