Table 131Canada's Saving,Investment,Import,and Export Functions (In Billions of Dollars) Under a a System

question 98

Multiple Choice

Table 13.1.Canada's Saving,Investment,Import,and Export Functions (in billions of dollars) Under a System of Fixed Exchange Rates
Export Function X = 3000
Investment Function I = 1000
Saving Function S = -1000 + 0.2Y
Import Function M = 500 + 0.25Y
-Referring to Table 13.1,if Canada's income rises by $200 billion,imports would rise by:

• A) $50 billion
• B) $75 billion
• C) $100 billion
• D) $125 billion

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Definitions:

Inferiority

A feeling of being lower in status or quality compared to others, which can impact an individual's self-esteem and social interactions.

Thin Slices

Rapid assessments or judgments made based on a very brief exposure to a slice of behavioral or situational information.

Stereotypes

Oversimplified generalized images or ideas held about a group of people, leading to categorization based on those perceptions rather than individual characteristics.

Personal Attributions

The process of ascribing causes to one's own behavior and outcomes, highlighting the influence of internal factors.