In the short run, a factor that leads to changes in U.S. imports is
A) U.S. exports.
B) the level of income in foreign nations.
C) the real interest rate.
D) U.S. real GDP.

Question

Quizplus · Accepted Answer

In the short run, U.S. real GDP affects imports because as the domestic economy grows, consumers and businesses have more income to spend, including on foreign goods and services, leading to an increase in imports.

In the Short Run, a Factor That Leads to Changes