The Figure Given Below Represents the Leakages and Injections in an Economy

question 25

Multiple Choice

The figure given below represents the leakages and injections in an economy. Figure 10.2 In the figure:
I, I₁: Investment;
G: Government spending;
EX, EX₁: Exports;
T: Taxes;and
M: Imports.
Refer to Figure 10.2.A decline in total injections by $10:

• A)will cause equilibrium income to rise to $400.
• B)will result in a disequilibrium of $200 in the economy.
• C)will cause the total leakages curve to shift inward by $10.
• D)will cause equilibrium income to fall to $300.
• E)will not affect equilibrium income.

Appreciate the legacy and criticisms of Piaget's work in contemporary psychology.

Describe the habituation technique and its significance in studying infant cognition.

Analyze the development of language and morality from the perspective of cognitive development theories.

Identify the role of social interactions and attachments in cognitive and socioemotional development.

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Definitions:

Self-Affirmation Theory

The idea that people respond less defensively to threats to one aspect of themselves if they think about another valued aspect of themselves.

Praise Themselves

The act of expressing approval or admiration for one's own achievements or qualities.

Defensive Responses

Behaviors or emotional reactions aimed at protecting oneself from perceived threats or criticism.

Anxiety-Buffer

The idea that self-esteem allows people to face threats with their anxiety minimized.