Other things being equal, the effect of a downward shift of the economy's net export schedule on equilibrium GDP will be similar to a(n):
A. Rightward shift in the investment-demand schedule
B. Downward shift in the consumption schedule
C. Upward shift in the consumption schedule
D. Upward shift in the investment schedule
B. Downward shift in the consumption schedule
Economics
You might also like to view...
An individual is structurally unemployed if
A) there is a recession and the individual is laid off. B) the individual wants to work just during certain months of the year. C) the individual quits a job in order to search for a better one. D) the individual lacks marketable job skills because technology has changed.
Economics
Explain how IMF conditionality has changed over time
What will be an ideal response?
Economics