Which of the Following Would Shift the U

question 18

Multiple Choice

Which of the following would shift the U.S. net export function downward?

• A)an increase in the value of the U.S. dollar relative to other currencies
• B)a decrease in the value of the U.S. dollar relative to other currencies
• C)a decrease in U.S. incomes relative to other countries
• D)a decrease in U.S. price levels relative to foreign price levels
• E)an increase in foreign incomes relative to U.S. incomes

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Definitions:

Towel

A piece of absorbent fabric or paper used for drying or wiping a surface, body, or hands.

Nobody's

Belonging to no one; not owned or claimed by anyone.

It's

The contraction for "it is" or "it has," used to signify possession or the present tense of "to be."

Resurfaces

Resurfaces means to appear again after being lost or not visible for a period of time.