If both imports and exports fell,
a. AD would decrease
b. AD would increase.
c. AD would decrease if exports fell more than imports.
d. AD would increase if exports fell more than imports.
c
Economics
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If a consumer is consuming a combination of goods and services on his budget line, has the consumer allocated his or her entire budget?
What will be an ideal response?
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The deteriorating-terms-of-trade-argument is based on an assumption that the value of ____ will fall over time
a. labor inputs b. capital inputs c. technology d. manufactured goods e. primary products
Economics