Multiple Choice
When the price level in the United States rises relative to the price level of other countries,________ will rise,________ will fall,and ________ will fall.
A) imports; exports; net exports
B) exports; imports; net exports
C) net exports; exports; imports
D) net exports; imports; exports
Correct Answer:

Verified
Correct Answer:
Verified
Q252: Suppose the economy is in long-run equilibrium
Q253: Explain how the aggregate demand and aggregate
Q254: Just before and during the recession of
Q255: For the recession of 2007-2009,it took _
Q256: How do lower taxes affect aggregate demand?<br>A)They
Q258: Last week,six Swedish kronor could purchase one
Q259: Studies have shown that<br>A)firms often cut nominal
Q260: The automatic mechanism _ the price level
Q261: The business cycle _ on KB Homes
Q262: Which of the following best describes the