Contractionary Policies Help Correct a Balance of Payments Deficit by

question 105

Multiple Choice

Contractionary policies help correct a balance of payments deficit by

• A)lowering domestic incomes but raising demand for imports
• B)raising domestic incomes but lowering demand for imports
• C)raising both domestic incomes and demand for imports
• D)lowering both domestic incomes and demand for imports
• E)lowering interest rates and increasing aggregate spending

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Definitions:

Nominees

Individuals appointed or proposed to act on behalf of others in specific roles or to fulfill certain duties.

Cumulative Voting

A voting system used in elections of directors of some companies, allowing shareholders to allocate their votes in any manner they choose among the candidates.

Shares Voting

The process by which shareholders vote on company decisions and board member elections based on the number of shares they hold.

Directors

Individuals elected by shareholders to manage a corporation's affairs and make significant business decisions.