The international trade effect states that a(n) ________ in the price level will ________ net exports
A) increase; increase B) decrease; decrease C) increase; decrease D) decrease; not affect
C
Economics
You might also like to view...
Which of the following mechanisms helps output to return to potential after a demand shock?
a. Change in business mentality b. Change in nominal wage rate c. Large changes in the capital stock d. Inability of the price level to change e. Change in inventories
Economics
To be considered employed, a person must have worked at least __________ hour(s) during the previous week
a. 40 b. 20 c. 10 d. 12 e. 1
Economics