Suppose There Is a Reduction in Foreign Output (Y*)

question 10

Multiple Choice

Suppose there is a reduction in foreign output (Y*) .This reduction in Y* will cause which of the following in the domestic country?

• A)a reduction in output
• B)a reduction in consumption
• C)a reduction in net exports
• D)all of the above
• E) none of the above

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Definitions:

Inequality Theories

Theories that seek to explain the origins, evolution, and consequences of social, economic, and political inequalities within societies.

Egalitarian Social Structures

Societal organizations where members are considered equals, with minimal hierarchies and disparities in wealth and power.

Socialist Feminists

A branch of feminism that integrates the analysis of capitalism's role in the oppression of women with a commitment to socialism as a means to achieve both gender and economic equality.

Patriarchy

A social system in which males hold primary power, predominating in roles of political leadership, moral authority, and control over property.