Suppose the U.S. experiences a recession while foreign countries that trade with the U.S. prosper. How will this affect the U.S.?
A) U.S. imports and its aggregate demand will decrease.
B) U.S. net exports and its aggregate demand will decrease.
C) U.S. exports and its aggregate demand will decrease.
D) U.S. exports and its aggregate demand will increase.
Correct Answer:
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Q24: All other things unchanged, a higher exchange
Q25: All other things unchanged, an increase in
Q26: Suppose the U.S. government decides to increase
Q27: Use the following to answer questions .
Exhibit:
Q28: Suppose households become more future-oriented and decide
Q30: Use the following to answer questions .
Exhibit:
Q31: What happens in the domestic economy when
Q32: Use the following to answer questions .
Exhibit:
Q33: The multiplier is given by
A) the ratio
Q34: Use the following to answer questions .
Exhibit:
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