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Other Things Equal, the Effect of a Downward Shift of the Economy's

Question 231

Multiple Choice

Other things equal, the effect of a downward shift of the economy's net export schedule on equilibrium GDP will be similar to a(n) :


A) rightward shift in the investment-demand schedule.
B) downward shift in the consumption schedule.
C) upward shift in the consumption schedule.
D) upward shift in the investment schedule.

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