If Foreigners Decide to Increase Their Purchases of U

question 107

Multiple Choice

If foreigners decide to increase their purchases of U.S.-made goods by $15 million, real GDP will

• A)remain unchanged.
• B)increase by more than $15 million.
• C)increase by less than $15 million.
• D)increase by $15 million.
• E)decrease by more than $15 million.

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Definitions:

Fallacy of Popular Appeal

A logical fallacy that argues something is true because it is widely believed or accepted by many people.

Evolutionary Theory

A scientific theory that explains the diversity of life on Earth through the process of natural selection and genetic variation.

Earth is Flat

A debunked belief that the Earth's shape is a plane or disk, contrary to overwhelming scientific evidence of its roundness.

Unwarranted Assumption

A fallacious argument that contains an assumption that is not supported by evidence.