In the short run, a decrease in net exports causes
A) an increase in real GDP and the price level.
B) increase in real GDP and a decrease in the price level.
C) decrease in real GDP and an increase in the price level.
D) a decrease in real GDP and the price level.
Correct Answer:
Verified
Q55: Suppose that a change in trade policies
Q56: All other things unchanged, an increase in
Q57: A reduction in net exports, all other
Q58: In the short run, an increase in
Q59: An increase in a country's exchange rate
Q61: Which of the following is not an
Q62: The balance between spending flows into a
Q63: Which of the following generates a supply
Q64: Use the following to answer questions .
Exhibit:
Q65: Which of the following affects the quantity
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents