The Open Economy Multiplier Is

question 47

Multiple Choice

The open economy multiplier is:

• A)larger than the simple multiplier because the latter embodies fewer leakages.
• B)larger than the simple multiplier because the latter embodies more leakages.
• C)smaller than the simple multiplier because the latter embodies fewer leakages.
• D)smaller than the simple multiplier because the latter embodies more leakages.

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Definitions:

Learning/Performance Distinction

Referring to the observation that learning can take place without actual performance of the learned behavior.

Innate Performance Preference

A natural tendency or predisposition to favor certain behaviors or skills without prior learning or experience.

Latent Learning

Learning that occurs without any obvious reinforcement or immediate demonstration of the learned behavior, which becomes apparent under different conditions.

Vicarious Learning

Learning that occurs by observing the actions, consequences, and behaviors of others rather than through direct experience.