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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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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