A rise in the U.S. price level brings a ________ in the price of U.S. exports relative to imports that ________ exports of U.S. goods, bringing ________ in the quantity of U.S. real GDP demanded

A decrease in income will cause a consumer's budget constraint to

a. shift outward, parallel to its initial position. b. shift inward, parallel to its initial position. c. pivot along the horizontal axis. d. pivot along the vertical axis.

Use the figure below to answer the following question.In the past few years, the quantity of donuts demanded has increased due to changes in the prices of donuts. This would be illustrated by a change from

A. point 5 to point 2. B. point 1 to point 2. C. point 3 to point 6. D. point 4 to point 6.