The Encoded Information of the Communication Process Can Be Defined

question 98

Multiple Choice

The encoded information of the communication process can be defined as which of the following?

• A) feedback
• B) channel
• C) decoding
• D) message

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Definitions:

Equilibrium Level

The state at which market supply and demand balance each other, and as a result, prices become stable.

Foreign-Currency Exchange

The marketplace where currencies are traded and their exchange rates are determined.

Net Capital Outflow

The distinction in investment behaviors where local residents invest in foreign properties versus foreigners investing in local properties.

Open-Economy Macroeconomic Model

A model that analyzes an economy that engages in international exchange of goods, services, and capital.