Multiple Choice
An increase in the U.S.price level,other things constant,will _____.
A) increase U.S.exports and decrease U.S.imports
B) increase U.S.exports and leave U.S.imports unchanged
C) decrease U.S.exports and increase U.S.imports
D) decrease U.S.exports and leave U.S.imports unchanged
E) leave both U.S.exports and U.S.imports unchanged
Correct Answer:
Verified
Correct Answer:
Verified
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