If the price level in the United States decreases, domestic goods will become relatively cheaper than foreign goods, the demand for U.S.-made goods will increase, and the U.S. aggregate demand curve will shift to the right

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

False

Economics

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When the United States imposes a tariff on a good, the amount of the ________ in U.S. consumer surplus is ________ the amount of the ________ in U.S. producer surplus

A) increase; smaller than; increase B) decrease; larger than; decrease C) decrease; larger than; increase D) decrease; equal to; increase

Economics

The quantity of newspapers sold will decline if

a. newsprint becomes more expensive. b. the printers' union makes wage concessions. c. prices are reduced. d. magazine prices rise.

Economics