An Autonomous Increase in S from a Condition of Equilibrium

question 12

Multiple Choice

An autonomous increase in S from a condition of equilibrium in national income and in the trade balance results in the nation's income:

• A)rising and its trade balance turning into surplus
• B)falling and its trade balance turning into surplus
• C)falling and its trade balance turning into deficit
• D)rising and its trade balance turning into deficit

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Definitions:

Career Options

The range of possible jobs or professions available to an individual based on their interests, skills, and qualifications.

Identity Crisis

A period of uncertainty and confusion in which a person's sense of identity becomes insecure, typically during adolescence or other life transitions.

Psychological Moratorium

A period when adolescents experiment with different roles, values, beliefs, and relationships.

Life Roles

refer to the various positions individuals occupy in society, each with its own set of expectations, duties, and responsibilities.