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Other Things Equal, If a Change in the Tastes of American

Question 138

Multiple Choice

Other things equal, if a change in the tastes of American consumers causes them to purchase more foreign goods at each level of U.S.GDP, then


A) unemployment will decrease domestically.
B) U.S.real GDP will fall.
C) inflation will occur domestically.
D) U.S.real GDP will rise.

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