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In an Open Economy as the Price Level Decreases, A(n)

Question 193

Multiple Choice

In an open economy as the price level decreases, a(n) ____ in demand for domestic goods relative to foreign goods results in a(n) ____ in the quantity of RGDP demanded.


A) ​increase, decrease
B) ​increase, increase
C) ​decrease, decrease
D) ​decrease, increase

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