Examlex

Solved

Because of a Recession in Japan, Net Exports from the United

question 53

Multiple Choice

Because of a recession in Japan, net exports from the United States decrease by $10 billion.If the MPC is 0.75, how much less spending will occur in the U.S.economy in the second "round" of spending?


Definitions:

Voting Place

A designated location where individuals go to cast their ballots during an election.

Operant Behavior

A type of behavior that is controlled by its consequences, including rewards for positive behavior or penalties for negative behavior.

Respondent Behavior

A behavior that occurs as an automatic response to a certain stimulus.

Unconditioned Response

An automatic reaction to a stimulus that occurs naturally without any prior learning.

Related Questions