A Country That Imports a Significant Proportion of Its Consumer

question 60

Multiple Choice

A country that imports a significant proportion of its consumer goods can avoid inflation by adopting a fixed exchange rate because it can avoid the price increases of ________ that occur when the value of the domestic currency ________.

• A)imports; rises
• B)imports; falls
• C)exports; rises
• D)exports; falls

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Definitions:

Gerontologists

Scientists or experts who study the aging process and the problems that elderly individuals may encounter.

Young-Old

A classification in gerontology referring to older adults typically between the ages of 65 and 74, considered young within the older population.

Old-Old

Adults aged 75 to 84, who typically live independently but often experience some physical and mental impairment.

Olfactory Loss

The partial or complete inability to detect or perceive odors, which can significantly impact taste and quality of life.