Figure 24-1
-Refer to Figure 24-1. Ceteris paribus, a decrease in the growth rate of domestic GDP relative to the growth rate of foreign GDP would result in U.S. exports increasing faster than U.S. imports. This would be represented by a movement from

Question

Figure 24-1 Figure 24-1 -Refer to Figure 24-1. Ceteris paribus, a decrease in the growth rate of domestic GDP relative to the growth rate of foreign GDP would result in U.S. exports increasing faster than U.S. imports. This would be represented by a movement from A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.

Figure 24-1 -Refer to Figure 24-1. Ceteris paribus, a decrease in the growth rate of domestic GDP relative to the growth rate of foreign GDP would result in U.S. exports increasing faster than U.S. imports. This would be represented by a movement from A) AD<sub>1</sub> to AD<sub>2</sub>. B) AD<sub>2</sub> to AD<sub>1</sub>. C) point A to point B. D) point B to point A.

-Refer to Figure 24-1. Ceteris paribus, a decrease in the growth rate of domestic GDP relative to the growth rate of foreign GDP would result in U.S. exports increasing faster than U.S. imports. This would be represented by a movement from

Quizplus · Accepted Answer

A decrease in the growth rate of domestic GDP relative to foreign GDP would make U.S. goods more attractive to foreign buyers, increasing exports. This would shift the aggregate demand curve from AD1 to AD2.

Figure 24-1 -Refer to Figure 24-1. Ceteris Paribus, a Decrease in the Decrease