Solved

A Shift in Tastes Toward Foreign Goods ________ Net Exports

Question 28

Multiple Choice

A shift in tastes toward foreign goods ________ net exports in the U.S. and causes the IS curve to shift to the ________ in the U.S. ,everything else held constant.


A) decreases;right
B) decreases;left
C) increases;right
D) increases;left

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q23: An increase in unplanned inventory investment for

Q24: Equilibrium output is reduced by an increase

Q25: The IS curve shifts to the left

Q26: A fall in inventories is synonymous with

Q27: Use the following Situation to answer

Q29: If net exports decrease by 250 and

Q30: Keynes was especially concerned with explaining the

Q31: In the Keynesian framework,as long as output

Q32: If the interest rate falls,other things being

Q33: Keynes mentioned two factors that influenced planned