Which of the Following Is an Identity That Always Holds

question 73

Multiple Choice

Which of the following is an identity that always holds in an open economy?

• A)NCO + C = NX
• B)NCO = NX
• C)NX - NCO = C
• D)NX + NCO = C

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Definitions:

Interpretation

The process of explaining the meaning of information or actions.

Sensory Adaptation

The phenomenon where sensory receptors diminish in sensitivity to unchanging stimuli over time, resulting in a reduced sensation.

Unchanging Stimulus

A stimulus that remains constant over time, not varying in intensity, duration, or quality, which can lead to habituation or sensory adaptation in organisms.

Sensory Responsiveness

Describes an individual's tendency to react to and process sensory information in a particular way, which can vary widely among different people.