Use the Following to Answer Questions

question 72

Multiple Choice

Use the following to answer questions :
Scenario: Exchange Rates
The value of a euro goes from US$1.25 to US$1.50.
-(Scenario: Exchange Rates) Look at the scenario Exchange Rates. In the United States, exports will _____ and imports will _____.

• A)increase; decrease
• B)increase; increase
• C)decrease; increase
• D)decrease; decrease

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Definitions:

Internal Attribution

The inference that a person is behaving in a certain way because of something about the person, such as attitude, character, or personality.

Birth Cohorts

Groups of individuals born during the same period who experience similar historical and social conditions.

Internal Attribution

The process of ascribing the cause of a behavior to personal aspects such as personality, disposition, or attitude.

Self-Serving Bias

The tendency to take credit for success but deny responsibility for failure.