When the Australian price level rises relative to other nations' price levels,then
A)Australian exports decrease,Australian imports increase,and the aggregate demand curve shifts rightward.
B)Australian firms' profits increase and the aggregate demand curve shifts rightward.
C)Australian exports increase and the aggregate demand curve shifts rightward.
D)Australian exports decrease,Australian imports increase,and the aggregate demand curve shifts leftward.
E)Australian exports decrease,Australian imports increase,and there is a movement upward along the aggregate demand curve.

Question

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The Answer of When the Australian price level rises relative to other nations' price levels,then
A)Australian exports decrease,Australian imports increase,and the aggregate demand curve shifts rightward.
B)Australian firms' profits increase and the aggregate demand curve shifts rightward.
C)Australian exports increase and the aggregate demand curve shifts rightward.
D)Australian exports decrease,Australian imports increase,and the aggregate demand curve shifts leftward.
E)Australian exports decrease,Australian imports increase,and there is a movement upward along the aggregate demand curve.

When the Australian Price Level Rises Relative to Other Nations