Multiple Choice
If exports were to rise and imports to fall,leading to an increase in quantity demanded of aggregate output,we would expect as a result,
A) An increase in the price level
B) A fall in the price level.
C) the open economy effect to lessen.
D) No change in the price level.
Correct Answer:

Verified
Correct Answer:
Verified
Q53: The interest rate effect is considered to
Q54: When the relative prices of American-made goods
Q55: An indirect effect of an increase in
Q56: The fact that real GDP decreases when
Q57: The horizontal axis for an aggregate demand
Q59: If all provincial governments were to harmonize
Q60: Figure 6-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 6-1
Q61: The vertical axis for an aggregate demand
Q63: If the price level increases,the value of
Q159: What is the shape of the long-run