Recessions in South Korea and Indonesia will cause
a. an upward movement along the United States's AD curve
b. a downward movement along the United States's AD curve
c. the United States's AS curve to shift to the right
d. the United States's AD curve to shift to the left
e. the United States's AD curve to shift to the right
E
Economics
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Who is a producer?
a. a manufacturer of goods b. a provider of financial backing c. a buyer of goods or services d. a provider of goods or services
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In the short run, an increase in net exports causes
A. an increase in real GDP and the price level. B. an increase in real GDP and a decrease in the price level. C. adecrease in real GDP and an increase in the price level. D. a decrease in real GDP and the price level.
Economics