Foreign Real National Income Rises

question 160

Multiple Choice

Foreign real national income rises.This raises U.S.___________ which ________ aggregate demand (AD) .The AD curve shifts ___________.

• A) net exports; raises; rightward
• B) imports; raises; rightward
• C) prices; reduces; leftward
• D) investment; reduces; leftward
• E) none of the above

---

Definitions:

Equal Variances

An assumption in some statistical tests that the variances in the groups being compared are similar.

Normally Distributed

A symmetric probability distribution centered around the mean, demonstrating that occurrences near the mean happen more often than those at a distance.

Population Variances

A measure of how data points in a population are spread out, indicating the variability of the entire population.

Confidence Interval Estimate

An interval estimate is a range of values used to estimate a population parameter, typically defined by two numbers between which a population parameter is said to lie with a certain level of confidence.