Everything else held constant, a shift in tastes in the U.S. towards American goods will ________ net exports in the U.S. and cause the quantity of aggregate output demanded to ________ in Mexico

The government purchases multiplier will be larger if the marginal income tax rate decreases

Indicate whether the statement is true or false

For a given country, comparing the world price of aluminum and the domestic price of aluminum before trade indicates whether that country's demand for aluminum exceeds the demand for aluminum in other countries

a. True b. False Indicate whether the statement is true or false