Use the Following to Answer Questions

question 422

Multiple Choice

Use the following to answer questions :
Figure: Circular-Flow Model
-(Figure: Circular-Flow Model) Look at the figure Circular-Flow Model. If the circular-flow model is in equilibrium (the sum of money flowing into each box is equal to the sum of the money flowing out of it) and there is an increase in imports, which of the following is likely to happen?

• A)an increase in the nominal GDP
• B)a decrease in the nominal GDP
• C)a decrease in the unemployment rate
• D)an increase in the nominal GDP and in the unemployment rate

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Definitions:

Cross-functional Teams

Teams composed of members from different departments or areas of expertise, working together towards a common goal.

Intergroup Conflict

Refers to tensions and disputes that occur between different groups, often stemming from competition for resources, differing values, or misunderstandings.

Emotional Interpersonal Conflict

Situations where personal disagreements or friction between individuals are driven by emotions, potentially affecting relationships.

Advertising Campaigns

Organized series of promotional messages with a unified theme, intended to reach a particular target audience to achieve specific objectives.