The ________________ Explains Why It May Take Up to Two

question 49

Multiple Choice

The ________________ explains why it may take up to two years for a currency depreciation to make significant reductions in a nation's trade deficit.

• A)J-curve effect
• B)pass-through
• C)Marshall-Lerner condition
• D)multiplier effect

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Definitions:

Control

The ability to control or guide how people act or the direction in which things happen.

Behavior Modification

The use of empirically demonstrated behavior change techniques to improve behaviors, such as reinforcing desirable behaviors and reducing unwanted ones.

Behavioral Activation

A therapeutic approach that seeks to help individuals engage more in activities they find meaningful or enjoyable to improve mood and reduce depression.

Positive Punishment

An operant conditioning concept where an undesirable behavior is followed by an unpleasant stimulus to decrease the behavior's occurrence.