In the Short Run,a Factor That Leads to Changes in U.S.imports

question 395

Multiple Choice

In the short run,a factor that leads to changes in U.S.imports is

• A) the level of income in foreign nations.
• B) the real interest rate.
• C) U.S. real GDP.
• D) U.S. exports.

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Definitions:

Drive-reduction Theory

A theory of motivation proposing that the presence of a need creates a drive to eliminate or satisfy that need, thereby restoring balance or homeostasis.

Homeostasis

The process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.

Primary Drives

Basic, innate urges that motivate behavior necessary for survival, such as hunger, thirst, sleep, and avoidance of pain.

Secondary Drives

Learned drives that are derived from primary drives or arising from learned associations with satisfying basic needs.