When the Price Level Falls the Quantity of

question 78

Multiple Choice

When the price level falls the quantity of

• A)consumption goods demanded rises,while the quantity of net exports demanded falls.
• B)consumption goods demanded and the quantity of net exports demanded both rise.
• C)consumption goods demanded and the quantity of net exports demanded both fall.
• D)consumption goods demanded falls,while the quantity of net exports demand rises.

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Definitions:

Internal Locus

The belief that one has control over their life and outcomes based on their own efforts and actions.

External Matters

Issues or factors that originate outside of an individual or system and can impact its functioning.

Control

The power to influence or direct people's behavior or the course of events.

Information Power Base

A source of influence derived from possessing knowledge or information that is needed or valued by others.