An Increase in Foreign Incomes

question 24

Multiple Choice

An increase in foreign incomes

• A) increases aggregate demand in the United States.
• B) increases the aggregate quantity demanded in the United States.
• C) decreases the aggregate quantity demanded in the United States.
• D) decreases aggregate demand in the United States.

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Definitions:

Market Segments

Subsets of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities like needs, characteristics, or behaviors.

Excessive Costs

Costs that exceed the expected or budgeted amount, often leading to financial strain for a business.

Segmentation Variables

Criteria used to divide a market into smaller segments, based on characteristics such as demographics, psychographics, geography, or behavior.

Market-product Grid

A matrix used to analyze and display the relationship between different markets and products, identifying opportunities.