The Presence of Imports the Size of the Multiplier Because

question 415

Multiple Choice

The presence of imports the size of the multiplier because with an increase of real GDP,
)

• A) decreases; U.S. firms can sell goods to other countries
• B) increases; U.S. consumers buy goods from other countries
• C) decreases; U.S. consumers buy goods from other countries
• D) increases; U.S. firms can sell goods to other countries

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Definitions:

Biological Influences

Factors related to genetics, anatomy, and physiology that affect human behavior and characteristics.

Social Cognition

Refers to the processes involved in understanding, interpreting, and responding to the social world.

Economic Behavior

The study of how individuals, businesses, and governments make decisions about allocating resources to satisfy their needs and desires.

Psychoanalytic Theory

A theory of human psychology that posits unconscious motives and childhood experiences are central to personality development and behavior.