Suppose the United States Experiences an Increase in Its Trade

question 83

Multiple Choice

Suppose the United States experiences an increase in its trade deficit.Which of the following is a possible explanation for this growing trade deficit? There has been:

• A) a decrease in U.S.interest rates.
• B) an increase in the U.S.savings rate.
• C) an economic expansion in the United States.
• D) a decrease in the U.S.budget deficit.
• E) an increase in foreign interest rates.

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Definitions:

Just Noticeable Difference

The just noticeable difference is the smallest difference in stimulus intensity that a specific sense can detect.

Difference Threshold

The minimum difference in intensity or stimulation that a person can detect between two stimuli.

Absolute Threshold

The minimum stimulus intensity required to be perceived by a sensory system.

Absolute Thresholds

The minimum intensity of stimulation that must occur before you experience a sensation.