An Increase in Incomes of the Countries That Purchase U

question 271

Multiple Choice

An increase in incomes of the countries that purchase U.S.-made products will cause a(n) _____ in the _____ U.S.-made products.

• A) decrease; aggregate demand for
• B) increase; short-run aggregate supply of
• C) increase; aggregate demand for
• D) decrease; short-run aggregate supply of

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Definitions:

Molding Machine

A machine used in manufacturing to shape liquid or pliable raw material using a rigid frame called a mold.

Straight-line Method

A method of calculating depreciation or amortization by evenly spreading the cost over the useful life of the asset.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset over its useful life.

Residual Value

The estimated value of an asset at the end of its useful life, often used in calculating depreciation.