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According to the Net-Exports Effect,as the Price Level Falls Relative

Question 125

Multiple Choice

According to the net-exports effect,as the price level falls relative to the rest of the world:


A) foreigners buy fewer goods.
B) foreigners buy more Australian goods.
C) the aggregate demand curve shifts to the left.
D) the aggregate demand curve shifts to the right.
E) the supply of Australian-made goods increases.

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