If some of our largest trading partners were to fall into a recession, we would expect U.S. aggregate a) supply to increase. b) demand to decrease. c) demand to increase. O d) demand and supply to be unaffected. O e) supply to decrease.

Principles of Economics, 7th Edition (MindTap Course List)
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ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter9: Application: International Trade
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If some of our largest trading partners were to fall into a recession, we would expect
U.S. aggregate
O a) supply to increase.
O b) demand to decrease.
Oc) demand to increase.
O d) demand and supply to be unaffected.
e) supply to decrease.
Transcribed Image Text:If some of our largest trading partners were to fall into a recession, we would expect U.S. aggregate O a) supply to increase. O b) demand to decrease. Oc) demand to increase. O d) demand and supply to be unaffected. e) supply to decrease.
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