An Increase in Imports Increases Aggregate Demand

question 159

True/False

An increase in imports increases aggregate demand.

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Definitions:

Personal Attributions

People’s explanations for why events or actions occur that refer to people’s internal characteristics, such as abilities, traits, moods, or efforts.

Trustworthiness

The quality of being reliable, honest, and deserving of trust.

Interest

A feeling of curiosity or concern about something, leading to a desire to learn more or engage with it.

Cognitive Dissonance

An uncomfortable mental state due to a contradiction between two attitudes or between an attitude and a behavior.