When Spending and Incomes in an Economy Increase

question 12

Multiple Choice

When spending and incomes in an economy increase,

• A)imports are likely to increase.
• B)imports are likely to be unchanged.
• C)imports are likely to decrease.
• D)exports are likely to decrease.

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Definitions:

Rehearsal

The act of practicing or repeating information or actions to enhance memory or performance.

Short-Term Memories

Memory storage that holds small amounts of information for short periods of time, typically seconds to minutes.

Unrehearsed Memories

Memories that have not been intentionally recalled or practiced, often less vivid or reliable than rehearsed memories.

Acronym

a word formed from the initial letters of other words and pronounced as a word, such as "NASA" for National Aeronautics and Space Administration.