In an Open Economy, an Increase in (G − T)

question 154

Multiple Choice

In an open economy, an increase in (G − T) will

• A)decrease (X − IM).
• B)increase (X − IM).
• C)leave (X − IM) unchanged.
• D)have an unpredictable effect on (X − IM).

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Definitions:

Extra Supports

Methods or resources provided to individuals or groups to help them overcome challenges and succeed.

Community

A group of people living in the same place or having a particular characteristic in common, often sharing a sense of belonging or mutual support.

Motivated

Having a strong desire or willingness to do something or achieve a particular goal.

External Rewards

Rewards that are provided by an external source, such as money, praise, or awards, rather than internal satisfaction.