Refer to the Diagram Below

question 143

Multiple Choice

Refer to the diagram below.The change in aggregate expenditures as shown from (C + I_g + X_n2) to (C + I_g + X_n1) might be caused by:

• A)an appreciation of this nation's currency relative to the currencies of its trading partners.
• B)a depreciation of this nation's currency relative to the currencies of its trading partners.
• C)a decrease in this nation's price level relative to price levels abroad.
• D)a rightward shift in this nation's aggregate supply curve.

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Definitions:

Albert Bandura

A psychologist well-known for his work on social learning theory, emphasizing the role of observational learning, self-efficacy, and imitation.

Jean Piaget

A Swiss psychologist known for his pioneering work in the field of developmental psychology and his theory of cognitive development in children.

B.F. Skinner

An American psychologist and behaviorist known for his work in developing the theory of operant conditioning, focusing on how behaviors are influenced by consequences.

Lev Vygotsky

A psychologist known for his theory on social development and the concept of the Zone of Proximal Development.