Multiple Choice
The wide-spread recessions of 2007-2009 caused a reduction in German exports and reduction in net exports for Germany, shifting the German aggregate demand curve. Which of the following factors would also cause a reduction in Germany's net exports and shift Germany's aggregate demand curve?
A) real GDP in Germany increasing faster than real GDP in other countries
B) a decrease in the exchange rate of the Euro relative to other currencies
C) a decrease in the price level in Germany
D) an increase in the price level in Germany
Correct Answer:
Verified
Correct Answer:
Verified
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