In the Short Run, a Decrease in Net Exports Causes

question 100

Multiple Choice

In the short run, a decrease in net exports causes

• A) an increase in real GDP and the price level.
• B) increase in real GDP and a decrease in the price level.
• C) decrease in real GDP and an increase in the price level.
• D) a decrease in real GDP and the price level.

---

Definitions:

Payment

The transfer of money, goods, or services in exchange for a product, service, or fulfillment of a legal obligation.

Sole Proprietorship

A business where the sole owner is responsible for the management and the debts of the business.

Table Router

A power tool used for woodworking that combines the functionalities of a router and a stationary table, allowing for precise routing operations.

Hardwood

A type of wood that comes from angiosperm trees, distinguished by its dense and durable qualities, often used in furniture, flooring, and construction.