If Exports and Imports Both Rose, but Exports Rose More

question 32

Multiple Choice

If exports and imports both rose, but exports rose more than imports,

• A)​AD would decrease.
• B)​AD would increase.
• C)​AD would be unaffected.
• D)​AD could either increase or decrease.

Demonstrate knowledge of pricing strategies and how to assess value in purchasing.

Understand the components and significance of the true cost of credit.

Recognize federal requirements for food labels.

Identify characteristics of national and non-national brands.

---

Definitions:

Affective Forecasting

The process of predicting one's emotional responses to future events.

Event's Distance

The spatial separation or extent of separation between the observer and the event occurring.

Predicting Feelings

The process of anticipating one's future emotional states based on current or past information.

Advantages

Benefits or favorable factors that contribute to success in a competitive situation or to achieve a goal.