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That the Balance of Payments Could Be Adjusted by Prices

question 105

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That the balance of payments could be adjusted by prices and interest rates,under a fixed exchange rate system,originated with Keynesian theory during the 1930s.


Definitions:

Frequency Distributions

A statistical representation showing how often each value in a set of data occurs, typically displayed in a table or graph.

Bins

In project management and data analysis, refers to categories or compartments used to sort or classify information, such as grouping tasks or resources.

Measurements

The act of determining the size, quantity, or degree of something using established units or methods.

Flowchart

A graphical representation of a process or system, showing the steps as boxes of various kinds, and their order by connecting them with arrows.

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