Which of the Following Leads to an Increase in Net

question 132

Multiple Choice

Which of the following leads to an increase in net exports in the long run?

• A)either a decrease in the budget deficit or imposing an import quota
• B)a decrease in the budget deficit but not imposing an import quota
• C)imposing an import quota but not a decrease in the budget deficit
• D)neither a decrease in the budget deficit nor imposing an import quota

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Definitions:

Delay Of Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward, often associated with better psychological outcomes.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, depicting a five-tier model of human needs, arranged in a hierarchy, stating that as basic needs are fulfilled people become motivated to achieve higher level needs.

Culture-Specific

Refers to behaviors, norms, or phenomena that are unique or particular to a specific culture.

Overjustification Effect

A psychological phenomenon where providing an external incentive for a behavior someone already finds rewarding leads to a reduction in intrinsic motivation.