If an Economy's GDP Falls,then It Must Be the Case

question 11

Multiple Choice

If an economy's GDP falls,then it must be the case that the economy's

• A)income falls and saving rises.
• B)income and saving both fall.
• C)income falls and expenditure rises.
• D)income and expenditure both fall.

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Definitions:

Extraversion

A personality trait characterized by outgoingness, high energy, and positive emotions towards social interaction.

Lewis Terman

An American psychologist best known for his work in intelligence testing and for initiating the longitudinal study of gifted children.

Longitudinal Study

A research method in which data is collected from the same subjects repeatedly over a period of time, often many years.

Optimistic Explanatory Style

Refers to a manner of explaining life events in a positive light, attributing good outcomes to personal abilities and bad outcomes to external factors.