Solved

When the Price Level in the United States Rises, Then

Question 2

Multiple Choice

When the price level in the United States rises, then net exports should


A) rise and equilibrium real GDP should increase.
B) fall and equilibrium real GDP should increase.
C) fall and equilibrium real GDP should decrease.
D) rise and equilibrium real GDP should decrease.

Correct Answer:

verifed

Verified

Related Questions

Q1: The slope of the aggregate demand curve

Q3: Why do booms and recessions tend to

Q4: In a market economy, the decisions about

Q5: Keynes focused on problems of<br>A)hyperinflation.<br>B)budget deficits.<br>C)trade deficits.<br>D)unemployment

Q6: Coordination failures occur when<br>A)one party withholds valuable

Q7: Assume that the MPC is 0.75, and

Q8: In the circular flow diagram, saving<br>A)is a

Q9: Figure 9-3<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 9-3 ​

Q10: Injections to the circular flow model include

Q11: Table 9-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Table 9-1