The Failure of U

question 16

Multiple Choice

The failure of U.S.net exports to improve dramatically in the mid-1980s despite the weakening of the dollar suggests that

• A)U.S.industries supply of competitive goods was inelastic over the period.
• B)LDC debt repayment schedules and lack of financing kept U.S.exports low.
• C)NCIs maintained fixed exchange rates vis a vis the dollar and U.S.exports low.
• D)All of the above.

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Definitions:

Reactivity

The phenomenon in which the presence of an observer or the awareness of being measured alters the behavior or responses of subjects.

Variability

The degree to which scores in a dataset differ from each other and from their average.

Reliability Coefficient

The reliability coefficient is a measure that assesses the consistency or stability of a test score or instrument over time.

Correlation

Correlation is a statistical measure that expresses the extent to which two variables change together. If the variables tend to increase and decrease in relation to each other, the correlation is positive; if one increases as the other decreases, it is negative.