Multiple Choice
If the U.S.price level increases relative to price levels in foreign countries,_____.
A) the aggregate supply curve for the U.S.will shift outward and the aggregate demand curve would remain unchanged
B) the aggregate supply curve for the U.S.will shift inward and the aggregate demand curve would remain unchanged
C) the aggregate demand curve for the U.S.will shift outward and the aggregate supply curve would remain unchanged
D) the aggregate demand curve for the U.S.will shift inward and the aggregate supply curve would remain unchanged
E) both the aggregate demand and the aggregate supply curves for the U.S.will shift outward
Correct Answer:

Verified
Correct Answer:
Verified
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