When imports rise, net exports(We'll reuse this information in the next two questions.)rises; risesO rises; fallsO falls; fallsand aggregate demandfalls; rises Consider again the situation from the previous question. In the short run, the effect of the abovein real output.would bein the price level andO an increase; an increasea decrease; a decreaseO a decrease; an increaseO an increase; a decrease

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When imports rise, net exports (We'll reuse this information in the next two questions.) O rises; rises rises; falls O falls; falls and aggregate demand falls; rises

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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