All of the Following Are Considered Among the Four Most

question 199

Multiple Choice

All of the following are considered among the four most important determinants in explaining exchange rate fluctuations in the long run except

• A)tariffs and quotas.
• B)preferences for domestic and foreign goods.
• C)interest rates.
• D)relative rates of productivity growth across countries.

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.