If a vineyard wants to raise funds to purchase a new bottling machine, it does so in the

Heartland and Soulland) If trade now opens up between the two economies, we can expect that:

A) Heartland will export drill presses to Soulland and import corn from it. B) Heartland will export corn to Soulland and import drill presses from it. C) both countries will export corn and drill presses. D) both countries will import corn and drill presses.

Explain how a decrease in housing prices may reduce the wealth of some while increasing the wealth of others. What effect would this have on aggregate consumption?

What will be an ideal response?