Under the Gold Standard,a Deficit Nation Facing a Gold Outflow

question 20

Multiple Choice

Under the gold standard,a deficit nation facing a gold outflow and a decrease in its money supply would also experience a:

• A) Rise in its interest rate and a short-term financial inflow
• B) Rise in its interest rate and a short-term financial outflow
• C) Fall in its interest rate and a short-term financial inflow
• D) Fall in its interest rate and a short-term financial outflow

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Definitions:

Feelings Toward

Emotional responses or attitudes an individual has about a particular thing or situation.

Self-determination Theory

A psychological framework suggesting people are motivated to grow and change by three innate and universal needs: competence, autonomy, and relatedness.

Particular Needs

Specific requirements or necessities that individuals or groups have, which can vary greatly depending on personal circumstances, preferences, or conditions.

Belongingness Needs

are a person's inherent need to feel connected, valued, and a part of a group or social circle, reflecting a fundamental human motivation.