If European economies enter a recession,
A) U.S. aggregate demand decreases and the U.S. AD curve shifts rightward.
B) the quantity of real GDP demanded in the United States decreases and there is a movement down along the U.S. AD curve.
C) U.S. aggregate demand decreases and the U.S. AD curve shifts leftward.
D) the quantity of real GDP demanded in the United States increases and there is a movement up along the U.S. AD curve.
E) U.S. aggregate demand increases and the U.S. AD curve shifts rightward.
C
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A) buy assets that are liquid. B) borrow short and lend long. C) have liabilities that are illiquid. D) borrow long and lend short.
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