A Decrease in Foreign Income_{--------------------} Exports of U

question 125

Multiple Choice

A decrease in foreign income_{--------------------} exports of U.S.-made goods, so aggregate demand and the aggregate demand curve shifts_{--------------------} .

• A)decreases; decreases; leftward
• B)decreases; increases; rightward
• C)decreases; decreases; rightward
• D)increases; increases; leftward
• E)increases; increases; rightward

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Definitions:

Percentage

A portion or part of a whole, expressed as a fraction of 100.

Constants

Fixed values in an equation or model that do not change, unlike variables which can fluctuate.

GDP

Gross Domestic Product, the total value of all goods and services produced over a specific time period within a country's borders.

Depression

A deep and prolonged business downturn; the last one occurred in the 1930s.