Consumers purchase more foreign goods when the domestic price level decreases.
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Q123: Households receive money income from selling factor
Q124: Aggregate supply is the total of all
Q125: A decline in consumer confidence will increase
Q126: A decline in consumer confidence will increase
Q127: As economic conditions improve in other countries,
Q129: The open economy effect explains the upward
Q130: The profit motive explains the upward slope
Q131: The real balance effect explains the upward
Q132: A shift in aggregate demand will change
Q133: An increase in aggregate demand will cause
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