If There a Country's Imports Exceed in Value Its Exports,the

question 3

Multiple Choice

If there a country's imports exceed in value its exports,the domestic currency depreciates and trade adjustments start taking place.Under this scenario how does the employment of resources affect the amount of currency depreciation required to shift domestic resources to the production of more exports and import substitutes?

• A)The greater the employment of resources (i.e.a lower unemployment rate)the greater the depreciation of the nation's currency is needed
• B)The greater the employment of resources the less depreciation of the nation's currency is needed
• C)The size of the employment of resources has relatively little influence on the amount of currency depreciation needed,as there is a loose relation between the two
• D)The employment of resources only plays a role for the large economies and has no influence for smaller economies

Recognize the importance of the environment and past experiences in shaping behavior according to behaviorists.

Distinguish between intervening variables and observable measures in behaviorist research.

Recognize the historical context and key figures associated with the development of behaviorism.

Explain the behaviorists’ stance on the use of mental terms and internal states in understanding behavior.

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Definitions:

Equity Issue

The process by which companies issue new shares of stock to raise capital from public investors.

Underwriter

An entity that assesses and assumes the risk of another party, often in financial markets, insurance, or public offerings.

Issuing Securities

The process of offering new stocks or bonds to the public or existing shareholders to raise capital.

Legal Fees

Charges for the professional services provided by lawyers or attorneys.