According to the net exports effect, as the price level falls relative to the rest of the world, Group of answer choices foreigners buy fewer goods. foreigners buy more U.S. goods. the aggregate demand curve shifts to the left. the aggregate demand curve shifts to the right
According to the net exports effect, as the price level falls relative to the rest of the world, Group of answer choices foreigners buy fewer goods. foreigners buy more U.S. goods. the aggregate demand curve shifts to the left. the aggregate demand curve shifts to the right
Chapter20: Aggregate Demand And Supply
Section: Chapter Questions
Problem 7SQ
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Question
According to the net exports effect, as the price level falls relative to the rest of the world,
Group of answer choices
foreigners buy fewer goods.
foreigners buy more U.S. goods.
the aggregate demand curve shifts to the left.
the aggregate demand curve shifts to the right.
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