What is the most likely effect when the price level in the United States decreases relative to the price level in other countries, ceteris paribus?
a. U.S. consumers will buy more foreign goods and services, decreasing the quantity of real GDP demanded.
b. Foreign consumers will buy fewer U.S. goods and services, increasing U.S. exports.
c. U.S. and foreign consumers will buy more U.S. goods and services, increasing the quantity of real GDP demanded.
d. U.S. and foreign consumers will buy fewer U.S. goods and services, increasing U.S. exports.
c. U.S. and foreign consumers will buy more U.S. goods and services, increasing the quantity of real GDP demanded.
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A decrease in autonomous planned investment spending, other things equal, shifts the ________ curve to the ________
A) IS; right B) IS; left C) LM; left D) LM; right
The price of a pollution right is
a. determined by consumers b. determined by government c. a user charge d. determined by supply and demand e. a subsidy
Recessions...
What will be an ideal response?
Your Uncle Harry gives you stock in Samsung for your birthday. The stock is an example of:
A. foreign direct investment. B. importing. C. foreign portfolio investment. D. exporting.