Consider the orginal IS-curve. Suppose demand in the U.S. for imports from Japan increases. This leads to what? Select all the correct statements. (a) Lower short-run output in the U.S.. (b) A downward shift in the IS-curve in Japan. (c) A positive aggregate demand shock in Japan. (d) An upward shift in the IS-curve in the U.S.. (e) A movement along the IS-curve in Japan.

Consider the orginal IS-curve. Suppose demand in the U.S. for imports from Japan increases. This leads to what? Select all the correct statements. (a) Lower short-run output in the U.S.. (b) A downward shift in the IS-curve in Japan. (c) A positive aggregate demand shock in Japan. (d) An upward shift in the IS-curve in the U.S.. (e) A movement along the IS-curve in Japan.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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