If Foreign Income Falls, We Can Expect to See All

question 63

Multiple Choice

If foreign income falls, we can expect to see all of the following, except:

• A)a decrease in foreign spending.
• B)a rise in domestic aggregate demand.
• C)no change in either domestic net exports or aggregate demand.
• D)a decrease in domestic net exports.
• E)a decrease in domestic aggregate demand.

---

Definitions:

Duplex Mind

The concept that the human mind operates through two systems: one that is fast, automatic, and emotional, and another that is slow, deliberate, and logical.

Nature Versus Culture

A debate focusing on the relative contributions of genetic inheritance (nature) and cultural factors (culture) to human development and behavior.

Connections

Relationships or associations between people, places, or things, often implying a network or linkage of some kind.

People

Human beings collectively considered as members of a community or society.