Using the Standard 45-Degree Line Diagram, How Does a Decrease

question 2

Multiple Choice

Using the standard 45-degree line diagram, how does a decrease in net exports effect the expenditure schedule?

• A)It increases the slope of the expenditure schedule.
• B)It decreases the slope of the expenditure schedule.
• C)It shifts the expenditure schedule upward.
• D)It shifts the expenditure schedule downward.

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Definitions:

Big Five

A theory that suggests five broad dimensions define human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Comprehensive

Including all or nearly all elements or aspects of something, thorough.

Barnum Effect

The tendency for individuals to see themselves in vague, stock descriptions of personality that could apply to many people.

Barnum Effect

The phenomenon whereby individuals believe that vague, general statements about personality are highly accurate for them personally, often used in psychics and horoscopes.