Which of the following would occur as a result if Europe experienced a lower inflation rate than the U.S.?
a. European products would become more expensive to U.S. consumers

b. It would decrease the quantity of European goods demanded by Americans.
c. It would decrease the demand for Euros.
d. None of the above would occur.

d

Economics

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Complete crowding out occurs when the

A) IS curve is horizontal. B) IS curve is vertical. C) LM curve is horizontal. D) LM curve is vertical.

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