If Trade Policies Change, Then We Would Expect Aggregate Expenditure

question 99

Multiple Choice

If trade policies change, then we would expect aggregate expenditure to:

• A) increase.
• B) decrease.
• C) remain constant.
• D) depends on the policy.

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Definitions:

Independent Variable

A variable that is manipulated to determine its effects on a dependent variable in an experiment.

Experiment

Rigorously controlled, replicable procedure in which the researcher manipulates variables to assess the effect of one on the other.

Manipulation

The ability to handle objects with control and intention, often requiring fine motor skills.

Independent Variable

The variable in an experiment that is manipulated or changed to observe its effect on the dependent variable.