Ceteris Paribus,if Imports Increase in Any Given Year

question 91

Multiple Choice

Ceteris paribus,if imports increase in any given year,

• A)Exports will increase.
• B)GDP will increase.
• C)GDP will decrease.
• D)NDP will increase.

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Definitions:

Life Course

A social science concept analyzing an individual's life history through social, cultural, and historical contexts to understand changes over time.

Societies

Groups of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or virtual territory, typically subject to the same political authority and dominant cultural expectations.

Canadians

The people native to or citizens of Canada, a country in North America known for its multicultural population and bilingual nature, English and French being the official languages.

Flexible

Capable of being easily modified to adapt to new conditions or situations.