Figure 20-7 -In Figure 20-7, There Are Three Aggregate Expenditure Functions (C

question 216

Multiple Choice

Figure 20-7

-In Figure 20-7, there are three aggregate expenditure functions (C + I + G + X − IM) for an open economy.Which of the following would cause a movement from B to A?

• A)a recession in Southeast Asia
• B)an economic expansion in Japan
• C)a depreciation of the dollar
• D)an increase in the interest rate

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Definitions:

Behaviour

Refers to the actions or reactions of an individual or group in response to external or internal stimuli.

Corporate Strategies

Strategic approaches and plans developed by a company to achieve its long-term objectives and maintain competitive advantage.

Competitive Position

A company's market standing in comparison to its competitors, typically gauged by its market share, profitability, and brand strength.

SWOT Analysis

SWOT Analysis is a strategic planning technique used to help identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.