If the dollar depreciates in value relative to foreign currencies, then aggregateXO supply and aggregate demand decrease.supply and aggregate demand increase.demand increases.demand decreases. tePrice LevelAS3AS1AS20Real Domestic Output, GDPIn the diagram, a shift from AS₁ to AS2 might be caused bystricter government regulations.an increase in business taxes.a decrease in the prices of domestic resources.an increase in the prices of imported resources.3h

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If the dollar depreciates in value relative to foreign currencies, then aggregate O supply and aggregate demand decrease. supply and aggregate demand increase. demand increases. demand decreases.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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Question

If the dollar depreciates in value relative to foreign currencies, then aggregate
XO supply and aggregate demand decrease.
supply and aggregate demand increase.
demand increases.
demand decreases.

te
Price Level
AS3
AS1
AS2
0
Real Domestic Output, GDP
In the diagram, a shift from AS₁ to AS2 might be caused by
stricter government regulations.
an increase in business taxes.
a decrease in the prices of domestic resources.
an increase in the prices of imported resources.
3
h

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