Changes in Net Exports Caused by Changes in the Domestic

question 115

Multiple Choice

Changes in net exports caused by changes in the domestic price level

• A) shift the aggregate demand curve in the same direction as the price change.
• B) shift the aggregate demand curve in the opposite direction of the price change.
• C) do not shift the aggregate demand curve.
• D) will not affect aggregate demand.

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Definitions:

Gross Profit Margin

A financial ratio that indicates the percentage of revenue that exceeds the cost of goods sold, reflecting the efficiency of a company in managing its production and labor costs.

Chosen A

A selection or preference identified as option A, indicating a different choice from a set of options.

Chosen B

A selection or preference identified as option B.

Praxiscope

An early animation device that creates the illusion of motion by spinning a series of still images viewed through slits; a precursor to modern animated filmmaking.