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In an Open Economy, as the Price Level Decreases, A(n)

Question 26

Multiple Choice

In an open economy, as the price level decreases, a(n) _____ demand for domestic goods relative to foreign goods results in a(n) _____ in the quantity of real GDP demanded.


A) increase in the; decrease
B) increase in the; increase
C) decrease in the; decrease
D) decrease in the; increase
E) constant; decrease

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