The Current Account Is

question 84

Multiple Choice

The current account is

• A) the reserve assets created by the International Monetary Fund for countries to use in settling international payment obligations.
• B) the price of one nation's currency in term of the currency of another country.
• C) a category of the balance of payments transactions that measures flows of real and financial assets.
• D) a category of the balance of payments transactions that measures the exchange of merchandise, the exchange of services, and unilateral transfers.

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Definitions:

Stimulus Generalization

The process by which a response conditioned to a specific stimulus becomes triggered by stimuli that are similar but not identical to the original stimulus.

Disinhibition

The reduction of restraint or inhibition which can lead to the expression of behaviors normally kept under control.

Renewal Effect

The phenomenon where extinguished responses reappear when the context or environment is changed after extinction.

Negative Reinforcement

A process in operant conditioning where a response is strengthened by the removal or avoidance of an unpleasant stimulus.