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Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206 Exercise 7
Under the gold standard, if country K's price level declines, its imports will ____________________ and its exports will ___________________.
Explanation
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Country K is on the gold standard. It is...
Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
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