Which of the Following Is Not a Result of a Reduction

question 94

Multiple Choice

Which of the following is not a result of a reduction in the federal budget deficit?

• A)a lower real interest rate
• B)an appreciation of the currency
• C)a rise in exports
• D)a fall in the price of foreign inputs

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Definitions:

Algorithms

Step-by-step problem-solving procedures or formulas that guarantee a solution to a problem if correctly applied.

Primary Mental Abilities

According to Thurstone, the basic abilities that make up intelligence examples include word fluency and numerical ability.

Louis Thurstone

An influential American psychologist known for his contributions to psychometrics, including factor analysis and the development of psychological scales.

Anchoring

A cognitive bias where an individual relies too heavily on an initial piece of information (anchor) when making decisions.