A Decrease in Foreign Output Would Cause the Domestic Country's

question 52

Multiple Choice

A decrease in foreign output would cause the domestic country's net exports to ________ and cause the domestic country's IS curve to ________.

• A)rise; shift up
• B)rise; shift down
• C)fall; shift up
• D)fall; shift down

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Definitions:

Beers

Alcoholic beverages made from grain, water, hops, and yeast, typically fermented and varying widely in flavor, strength, and type.

Oysters

Marine mollusks that live in marine or brackish habitats, known for their edible, calcium-rich shells and being a delicacy in many parts of the world.

Indeterminate

Indeterminate is a term used to describe a situation or outcome that is not clearly defined or decided, leading to uncertainty.

Total Utility

The total satisfaction received from consuming a particular quantity of goods or services.