Multiple Choice
Other things equal, when Europeans want to buy more grains from the United States:
A) U.S. imports will increase.
B) European exports will increase at every level of domestic income.
C) U.S. exports will increase at every level of domestic income.
D) the U.S. balance of payments will show a deficit.
E) U.S. consumption spending will fall.
Correct Answer:

Verified
Correct Answer:
Verified
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