Multiple Choice
What are the effects of a decrease in the price level?
A) The real interest rate increases, the dollar appreciates, and net exports increase.
B) The real interest rate increases, the dollar depreciates, and net exports decrease.
C) The real interest rate decreases, the dollar depreciates, and net exports increase.
D) The real interest rate decreases, the dollar appreciates, and net exports decrease.
Correct Answer:
Verified
Correct Answer:
Verified
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