Fundamental Disequilibrium Is Concerned Only with Large and Persistent Balance-Of-Payments

question 54

True/False

Fundamental disequilibrium is concerned only with large and persistent balance-of-payments deficits,because as economic theory tells us 'more is better' and thus surpluses are inherently good.

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Definitions:

ENT

Abbreviation for Ear, Nose, and Throat, a medical specialty focusing on disorders of these regions.

Decibel

A unit of measurement for the intensity of sound, denoting relative loudness.

Pus

A dense, green or yellow liquid found in diseased tissue, made up of deceased white blood cells, bacteria, and tissue remains.

Ossicles

Small bones in the middle ear that transmit sound vibrations from the eardrum to the inner ear.