"Dissaving" Occurs When

question 174

Multiple Choice

"Dissaving" occurs when

• A) income exceeds consumption expenditure.
• B) saving is negative.
• C) the consumption function is below the 45-degree line drawn from the origin.
• D) saving is positive.

Distinguish between imports and exports and their effect on GDP.

Calculate GDP deflator and understand its relevance to economic analysis.

Determine nominal and real GDP for specified periods and understand their significance.

Calculate and interpret inflation rates based on changes in the GDP deflator.

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Definitions:

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A theory that proposes two factors, hygiene and motivators, are necessary to influence job satisfaction and motivation.

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The use of sexually arousing or suggestive imagery and themes in advertising to draw attention and influence consumer behavior.

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The ability to retrieve information or memories from one's past experiences, or a company's process of retrieving defective or potentially unsafe products from consumers.

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A technique in persuasive communication where opposing viewpoints are presented and then countered with evidence.