All else being equal, when foreign incomes fall, U.S. aggregate a) demand will shift to the right. O b) demand will be unaffected. Oc) demand will shift to the left. O d) supply will shift to the right. e) supply will shift to the left.
All else being equal, when foreign incomes fall, U.S. aggregate a) demand will shift to the right. O b) demand will be unaffected. Oc) demand will shift to the left. O d) supply will shift to the right. e) supply will shift to the left.
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
Problem 25P
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
Transcribed Image Text:All else being equal, when foreign incomes fall, U.S. aggregate
a) demand will shift to the right.
O b) demand will be unaffected.
O c) demand will shift to the left.
O d) supply will shift to the right.
e) supply will shift to the left.
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