Which of the Following Will Always Cause an Increase in Net

question 65

Multiple Choice

Which of the following will always cause an increase in net exports?

• A)a reduction in domestic output
• B)an increase in the real exchange rate
• C)an increase in government spending
• D)an increase in investment
• E) all of the above

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Definitions:

Arrow's Impossibility Theorem

A theorem demonstrating that no rank-order voting system can be designed to satisfactorily convert the ranked preferences of individuals into a community-wide ranking while meeting a specified set of criteria.

Social Ordering

A concept in sociology that refers to the systematic organization of individuals in a society based on various criteria such as economic status, power, ethnicity, or age.

Complete

Refers to a state where all necessary parts are present or when a process has been finished entirely, leaving nothing omitted.

Reflexive

A property of binary relations where every element is related to itself; often discussed in mathematics and logic.