A Newspaper Story States: "For the Fourth Straight Quarter, the Nation

Multiple Choice

A newspaper story states: "For the fourth straight quarter, the nation purchased more goods from abroad than ever before." The event described would:

A) Increase the equilibrium level of GDP
B) Decrease the equilibrium level of GDP
C) Make no change in the equilibrium level of GDP
D) Increase, decrease, or make no change in the equilibrium level of GDP; we cannot tell from the information given