Assume That a $1

question 296

Multiple Choice

Assume that a $1.00 increase in exports increases GDP by $3.00, and a $1.00 increase in income increases import spending by $0.15. In this case, a ________ million increase in exports will increase net exports by $550 million.

• A) $550
• B) $700
• C) $1,000
• D) $1,350

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Definitions:

Ego Integrity Versus Despair

According to Erikson, the eighth and final stage of psychosocial development, in which people in late adulthood either achieve a sense of integrity of the self by accepting the lives they have lived, and thus accept death, or yield to despair that their lives cannot be relived.

Approaching Death

The final phase of life leading up to death, often characterized by specific physical, emotional, or spiritual changes.

Neurotic Personalities

Personality traits characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Negative Affect

A subjective feeling of distress and unpleasant emotions, such as sadness, anxiety, and anger.