According to the net exports effect, as the price level falls relative to the rest of the world, Group of answer choices foreigners buy fewer goods. foreigners buy more U.S. goods. the aggregate demand curve shifts to the left. the aggregate demand curve shifts to the right

According to the net exports effect, as the price level falls relative to the rest of the world, Group of answer choices foreigners buy fewer goods. foreigners buy more U.S. goods. the aggregate demand curve shifts to the left. the aggregate demand curve shifts to the right

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter8: Aggregate Demand And Aggregate Supply

Section: Chapter Questions

Problem 14QP

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Question

According to the net exports effect, as the price level falls relative to the rest of the world,

Group of answer choices

foreigners buy fewer goods.

foreigners buy more U.S. goods.

the aggregate demand curve shifts to the left.

the aggregate demand curve shifts to the right.

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