There are a number of factors that can increase demand and affect the equilibrium level of total output and, therefore, affect the trade balance. Discuss several of these and indicate in which direction total demand would change, and in which direction the trade balance would change.

Question

Quizplus · Accepted Answer

The Answer of There are a number of factors that can increase demand and affect the equilibrium level of total output and, therefore, affect the trade balance. Discuss several of these and indicate in which direction total demand would change, and in which direction the trade balance would change.

There Are a Number of Factors That Can Increase Demand