Other things equal, a serious recession in the economies of U.S.trading partners will
A)have no perceptible impact on the U.S.economy.
B)cause inflation in the U.S.economy.
C)depress real output and employment in the U.S.economy.
D)stimulate real output and employment in the U.S.economy.

Question

Quizplus · Accepted Answer

A recession in U.S. trading partners' economies can lead to reduced demand for U.S. exports, which can depress real output and employment in the U.S. economy.

Other Things Equal, a Serious Recession in the Economies of U.S.trading