A Country Will Have a Balance-Of-Payments Deficit When Its Exchange

question 46

Multiple Choice

A country will have a balance-of-payments deficit when its exchange rate:

• A)equals the market equilibrium value.
• B)is flexible.
• C)is overvalued.
• D)is undervalued.

---

Definitions:

Employee Motivation

The level of energy, commitment, and creativity that a company's workers bring to their jobs.

Goal-Setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives that guide individual or organizational direction.

Expectancy Theories

Psychological theories suggesting that individuals are motivated to act based on their expectations of outcome and the value they place on the success.

Increasing Motivation

Actively enhancing the desire, drive, or willingness to achieve a particular goal or to engage in specific behavior.