When the Australian Price Level Rises Relative to Other Nations

question 170

Multiple Choice

When the Australian price level rises relative to other nations' price levels,then

• A)Australian exports decrease,Australian imports increase,and the aggregate demand curve shifts rightward.
• B)Australian firms' profits increase and the aggregate demand curve shifts rightward.
• C)Australian exports increase and the aggregate demand curve shifts rightward.
• D)Australian exports decrease,Australian imports increase,and the aggregate demand curve shifts leftward.
• E)Australian exports decrease,Australian imports increase,and there is a movement upward along the aggregate demand curve.

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Definitions:

Imprinting

A form of learning occurring at a particular life stage that is rapid and apparently independent of the consequences of behavior.

Younger Sister

A female sibling who is born after another sibling, denoting her relative age position within the family.

Brother

A male sibling or a term used to express camaraderie or fraternity among men.

Object Permanence

The understanding that objects continue to exist even when they cannot be observed directly.