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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 4
A depression abroad will tend to ________ our exports, which in turn will _______ net exports, which in turn will _______ equilibrium real GDP.
A) Reduce; reduce; reduce.
B) Increase; increase; increase.
C) Reduce; increase; increase.
D) Increase; reduce; reduce.
A) Reduce; reduce; reduce.
B) Increase; increase; increase.
C) Reduce; increase; increase.
D) Increase; reduce; reduce.
Explanation
Verified
Verified
Hence, the correct answer is a. Reduce; ...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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