Solved

If the USPrice Level Increases,the Aggregate Quantity of U

Question 152

Multiple Choice

If the U.S.price level increases,the aggregate quantity of U.S.output demanded


A) decreases because U.S.products become cheaper relative to foreign products
B) decreases because U.S.products become more expensive relative to foreign products
C) increases because U.S.products become cheaper relative to foreign products
D) increases because U.S.products become more expensive relative to foreign products

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions