Net Exports

question 107

Multiple Choice

Net exports:

• A) will increase if exports of goods decline.
• B) will increase if imports of goods rise.
• C) in our GDP accounts permit estimation of foreign ownership of American businesses.
• D) include budgetary outlays of the federal government.
• E) is the net effect of the foreign trade sector on GDP.

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Definitions:

Latané And Darley

Social psychologists known for their research on the bystander effect, demonstrating that the presence of others affects an individual's likelihood to help.

Foot-In-The-Door

A persuasion technique where the persuader requests a small initial favor in hopes of making the person more likely to agree to a larger favor later.

Stereotype

A set of characteristics that people believe is shared by all members of a particular social category; a concept held about a person or group of people that is based on superficial, irrelevant characteristics.

Attitudes

A settled way of thinking or feeling about someone or something, typically reflected in a person's behavior.