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Figure 36-5
-Which of the graphs in Figure 36-5 are consistent with a depreciation of the U.S.dollar and an increase in net exports caused by a decrease in U.S.interest rates?
WEIRD
An acronym for Western, Educated, Industrialized, Rich Democracy that refers to emerging adults. The criticism is that conclusions about human development based on people in such nations may not apply to most people in the world, who do not live in WEIRD nations.
Educated
Having acquired knowledge, skills, and learning through formal instruction or study.
Industrialized
The process of developing industries in a country or region on a wide scale.
Rich Democracies
Countries characterized by high levels of economic development, wealth, and democratic governance.
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