Multiple Choice
An increase in U.S. income would lead to
A) an increase in U.S. exports and a decrease in U.S. imports
B) a decrease in U.S. exports and an increase in U.S. imports
C) an increase in both U.S. imports and U.S. exports
D) a decrease in both U.S. exports and U.S. imports
E) no change in U.S. exports and an increase in U.S. imports
Correct Answer:

Verified
Correct Answer:
Verified
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Q8: U.S. net exports will fall if<br>A)U.S. income
Q9: If one British pound originally exchanges for
Q10: A decrease in the value of the
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Q13: Which of the following statements regarding imports
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Q16: A decrease in the value of the
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