That the Balance of Payments Could Be Adjusted by Prices

question 105

True/False

That the balance of payments could be adjusted by prices and interest rates,under a fixed exchange rate system,originated with Keynesian theory during the 1930s.

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Definitions:

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Mescaline

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A powerful and addictive stimulant drug derived from the coca plant, used for medicinal purposes and often illegally for its euphoric effects.

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