The change in aggregate expenditures resulting from a movement in the domestic price level, which in turn changes the price of domestic goods in relation to foreign goods, is known as the:

a. international trade effect.
b. multilateral equilibrium condition.
c. international exchange rate effect.
d. magnified international pricing effect.
e. international deficit effect.

a

Economics

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Which of the following would decrease the current account balance of the United States?

A) a decrease in the amount of money the U.S. government sends in foreign aid to other countries B) a decrease in imports C) a decrease in the amount of income U.S. companies pay out to foreigners who own investments in the U.S. D) a decrease in the balance of trade

Economics

Any point inside a production possibilities curve indicates that the economy is using all its available resources and technology

Indicate whether the statement is true or false

Economics