When a Nation Imports a Good or Service,the Nation's Consumer

question 200

Multiple Choice

When a nation imports a good or service,the nation's consumer surplus ________,its producer surplus ________,and its total surplus ________.

• A) increases; decreases; increases
• B) increases; decreases; decreases
• C) increases; increases; increases
• D) decreases; decreases; decreases
• E) decreases; decreases; increases

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Definitions:

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response, typically as a result of the conditioned stimulus being presented without reinforcement.

Classical Conditioning

A learning process in which a neutral stimulus comes to elicit a response after being paired with a stimulus that naturally elicits that response.

Acquisition

The process of learning or obtaining something, such as skills, knowledge, or possessions.

Extinction

The process in which a conditioned response gradually diminishes and eventually disappears as the conditioned stimulus is repeatedly presented without the unconditioned stimulus.