When U.S. real GDP increases, then quantity of U.S. imports
A) remains constant.
B) decreases.
C) increases.
D) at first decreases and then increases.

Question

Quizplus · Accepted Answer

When U.S. real GDP increases, it generally means that consumers and businesses are spending more money, which leads to an increase in demand for imports from other countries. Therefore, the quantity of U.S. imports would increase.

When US Real GDP Increases, Then Quantity of U