The Hydrologic Cycle Refers to

question 57

Multiple Choice

The hydrologic cycle refers to

• A) seawater that is drawn into mid-ocean ridges, heated, and rises to the surface.
• B) water that is heated by magma and rises in hot springs.
• C) the rising and falling of tides in a cyclical manner.
• D) the way water is used to generate electrical energy.
• E) None of these.

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Definitions:

Balance of Payments

A summary of all transactions between residents of a country and the rest of the world over a specific period, including trade, investment, and financial transfers.

Exchange Rates

The value of one currency expressed in terms of another currency, determining how much foreign currency can be exchanged for a unit of domestic currency.

Gold Standard

A monetary system in which the standard economic unit of account is based on a fixed quantity of gold.

International Flows

The movement of goods, services, capital, and people across international borders.