Multiple Choice
As the U.S.price level rises relative to price levels in other countries,U.S._____.
A) consumption and net exports will both decrease
B) consumption and net exports will both increase
C) consumption would increase and net exports will decrease
D) consumption would decrease and net exports will increase
E) consumption and net exports will remain constant
Correct Answer:

Verified
Correct Answer:
Verified
Q43: The slope of the consumption function shows
Q44: Identify the correct statement.<br>A)An increase in the
Q45: If consumption is greater than income,saving must
Q46: The table given below shows the
Q47: In the income-expenditure model,if autonomous saving increases
Q49: Which of the following is true of
Q50: If the marginal propensity to consume is
Q51: An aggregate demand curve can be drawn
Q52: In an economy without a government and
Q53: The aggregate output demanded for a given