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In a Two-Country World,a Decrease in Foreign Input Prices,ceteris Paribus

Question 153

Multiple Choice

In a two-country world,a decrease in foreign input prices,ceteris paribus,


A) shifts the SRAS curve leftward,causing the price level to increase.
B) shifts the SRAS curve leftward,causing the price level to decrease.
C) shifts the SRAS curve rightward,causing the price level to increase.
D) shifts the SRAS curve rightward,causing the price level to decrease.
E) does not affect the SRAS curve or the price level.

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