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A revaluation causes which of the following to occur in the short run in the AS/AD model?

Munze

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A revaluation causes which of the following to occur in the short run in the AS/AD model?

A revaluation causes which of the following to occur in the short run in the AS/AD model?
A) a reduction in net exports
B) a reduction in the price level
C) a reduction in output
D) all of the above
E) none of the above

Textbook

Macroeconomics

Macroeconomics

Edition: 6^th

Authors: Blanchard, Johnson

Read 52 times

1 Reply

Macroeconomics, 6/E (Blanchard, Johnson)

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Munze Author

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6 years ago

This helped my grade so much Perfect

Perfect

bbbbbbbh

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Good timing, thanks!

bkrandy

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Correct

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