Figure 20-2 -Which of the Following Explains the Movements in Figure 20-2

question 8

Multiple Choice

Figure 20-2

-Which of the following explains the movements in Figure 20-2?

• A)an increase in U.S.imports
• B)a decrease in U.S.exports
• C)an increase in U.S.exports
• D)a decrease in U.S.net exports

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Definitions:

Social Security Retirement Benefit

A government payment program that provides financial assistance to people who are retired from work.

Monthly Benefit

A regular payment received each month, such as from a pension or Social Security, designed to cover living expenses.

COLA

Cost-of-Living Adjustment; an increase in income or benefits designed to offset inflation and maintain purchasing power.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to estimate inflation.