If Adding Net Exports to C + I + G

question 73

Multiple Choice

If adding net exports to C + I + G causes the expenditure line to shift up in a parallel way, it implies that

• A)imports and exports are not sensitive to changes in income.
• B)both exports and imports are sensitive to changes in income.
• C)exports are sensitive to changes in income.
• D)imports are sensitive to changes in income.
• E)imports and exports have an uncertain effect on income.

Realize the importance of critical thinking in assessing arguments.

Understand the process and significance of reason giving in argument making.

Comprehend the role of truth in premises and claims within arguments.

Appreciate the importance of argument making in communal decision-making.

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Definitions:

Variance

A numerical indicator that shows the distribution or variability of a dataset around its average value.

SPSS Output

The results and data analyses generated by the Statistical Package for the Social Sciences software after processing information.

Correlation Coefficient

A numerical measure of some type of correlation, meaning a statistical relationship between two variables, ranging from -1 to 1.

Mean

A type of average calculated by summing values and dividing that sum by the number of values.