What Impact Does a Decrease in the Price Level in the United

question 257

Multiple Choice

What impact does a decrease in the price level in the United States have on net exports and why?

• A)A decrease in the U.S.price level increases net exports because lower prices increase the value of the dollar.
• B)A decrease in the U.S.price level increases net exports by reducing the relative cost of American goods.
• C)A decrease in the U.S.price level reduces net exports because lower prices raise the value of the dollar.
• D)A decrease in the U.S.price level reduces net exports because lower prices increase American spending on imports.

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Definitions:

Variable-Ratio

A reinforcement schedule in which the number of responses required for a reward varies around an average, making the reinforcement unpredictable and typically leading to high and stable response rates.

DRH

A differential reinforcement of high rates of behavior schedule where reinforcement is contingent on responses being made at or above a certain rate.

DRO

A behavioral intervention technique known as Differential Reinforcement of Other behavior, where reinforcement is delivered for any behavior other than a target behavior.

Serial Position

The tendency to recall items from the beginning and end of a list better than those in the middle.