Recessions in Canada and Mexico would cause
A)the U.S.price level and real GDP to rise.
B)the U.S.price level and real GDP to fall.
C)the U.S.price level to rise and real GDP to fall.
D)the U.S.price level to fall and real GDP to rise.

Question

Quizplus · Accepted Answer

Recessions in Canada and Mexico would likely reduce their demand for U.S. exports, leading to a decrease in U.S. real GDP and a potential decrease in the U.S. price level due to reduced demand pressures.

Recessions in Canada and Mexico Would Cause