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Loraine Loraine
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9 years ago
When the U.S. price level rises relative to other nations' price levels, then
A) U.S. firms' profits increase and the aggregate demand curve shifts rightward.
B) U.S. exports increase and the aggregate demand curve shifts rightward.
C) U.S. exports decrease, U.S. imports increase, and the aggregate demand curve shifts leftward.
D) U.S. exports decrease, U.S. imports increase, and there is a movement upward along the aggregate demand curve.
E) U.S. exports decrease, U.S. imports increase, and the aggregate demand curve shifts rightward.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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