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    Exam 18: Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run
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    The Trade Balance Component of Aggregate Demand Is a Function
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The Trade Balance Component of Aggregate Demand Is a Function

Question 46

Question 46

Multiple Choice

The trade balance component of aggregate demand is a function of all the following, EXCEPT:


A) foreign disposable income.
B) domestic disposable income.
C) the real exchange rate.
D) consumer spending.

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