Multiple Choice
The rightward shift of the RS curve will lead to a ________ in the U.S.exchange rate, ________ in real GDP, and a ________ in the price level.
A) rise; an increase; rise
B) rise; an increase; fall
C) rise; a decrease; fall
D) fall; an increase; rise
E) fall; an increase; fall
Correct Answer:
Verified
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