Figure 7-1 -Refer to Figure 7-1. What Could Have Caused a Movement

question 116

Multiple Choice

Figure 7-1
-Refer to Figure 7-1. What could have caused a movement from point A to point D?

• A) Technological advancement
• B) An increase in the inflation rate
• C) An increase in household wealth
• D) A recession in foreign countries

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Definitions:

Analytical

Means that a person is habitually alert to potential problems and vigilant in anticipating consequences and trying to foresee short-term and long-term outcomes of events, decisions, and actions. “Foresightful” is another word for what “analytical” means here.

Deliberative

Involving careful consideration or discussion before making a decision.

Procedural

Related to or involving a prescribed series of steps or methods to achieve a specific end.

System-2 Thinking

Reflective critical thinking that is useful for judgments in unfamiliar situations, for processing abstract concepts, and for deliberating when there is time for planning and more comprehensive consideration.