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When the Australian Price Level Rises Relative to Other Nations

Question 170

Multiple Choice

When the Australian price level rises relative to other nations' price levels,then


A) Australian exports decrease,Australian imports increase,and the aggregate demand curve shifts rightward.
B) Australian firms' profits increase and the aggregate demand curve shifts rightward.
C) Australian exports increase and the aggregate demand curve shifts rightward.
D) Australian exports decrease,Australian imports increase,and the aggregate demand curve shifts leftward.
E) Australian exports decrease,Australian imports increase,and there is a movement upward along the aggregate demand curve.

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