As the US Price Level Decreases, Other Things Equal, U

question 159

Multiple Choice

As the U.S. price level decreases, other things equal, U.S. products become

• A)more expensive abroad, which decreases U.S. exports
• B)less expensive abroad, which increases U.S. exports
• C)more expensive abroad, which has no effect on U.S. exports, since exports are assumed to be constant
• D)less expensive abroad, which has no effect on U.S. exports, since exports are assumed to be constant
• E)more expensive abroad, which increases U.S. exports

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Definitions:

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