Multiple Choice
Refer to the diagram. The change in aggregate expenditures as shown from to might be caused by
A) an appreciation of this nation's currency relative to the currencies of its trading partners.
B) a depreciation of this nation's currency relative to the currencies of its trading partners.
C) a decrease in this nation's price level relative to price levels abroad.
D) a rightward shift in this nation's 45-degree line.
Correct Answer:
Verified
Related Questions