Other things equal, if the national incomes of the major trading partners of the United States were to rise, the U.S.
A) aggregate demand curve would shift to the right.
B) aggregate supply curve would shift to the left.
C) aggregate supply curve would shift to the right.
D) aggregate demand curve would shift to the left.

Question

Quizplus · Accepted Answer

If the national incomes of the major trading partners of the United States were to rise, it would lead to an increase in exports and a decrease in imports, resulting in an increase in U.S. net exports. As a result, aggregate demand would increase and shift to the right.

Other Things Equal, If the National Incomes of the Major