For the period 1947-2012 in the United States, the price level was

A decrease in the value of the dollar relative to foreign currencies is likely to cause the level of farm imports to ________ and the level of exports to ________

Fill in the blank(s) with correct word

Which of the following is an example of built-in stability? As real GDP decreases,

A. income tax revenues increase and transfer payments decrease. B. income tax revenues and transfer payments both decrease. C. income tax revenues and transfer payments both increase. D. income tax revenues decrease and transfer payments increase.