Suppose the U

question 10

Multiple Choice

Suppose the U.S.economy is producing at the natural rate of output.A depreciation of the U.S.dollar will cause ________ in real GDP in the short run and ________ in the aggregate price level in the short run,everything else held constant.(Assume the depreciation causes no effects in the supply side of the economy.)

• A)an increase; an increase
• B)a decrease; a decrease
• C)no change; an increase
• D)no change; a decrease

---

Definitions:

Neutralized

Neutralized describes the chemical process by which an acid and a base react with each other to form water and a salt, effectively cancelling out the characteristic properties of each.

Zinc Metal

A chemical element with the symbol Zn, atomic number 30, known for its resistance to corrosion and importance in various biological and industrial processes.

Oxidized

A chemical process where a substance loses electrons or gains oxygen, often resulting in a change in properties like increased rusting in metals or browning in fruits.

Reduced

In chemistry, describes a species that has gained electrons during a reaction, often associated with a decrease in oxidation state.