Suppose Americans Buy Inputs from Foreigners

question 188

Multiple Choice

Suppose Americans buy inputs from foreigners.When the price of foreign inputs falls,the U.S.SRAS curve __________,which tends to __________the U.S.price level.

• A) shifts rightward; reduce
• B) shifts leftward; increase
• C) shifts leftward; reduce
• D) remains constant; increase

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Definitions:

Standard Form

A way of structuring arguments, statements, or equations according to established rules to make them clearer, easier to analyze, or solve.

Hypothetical Syllogism

A logical argument consisting of two conditional premises and a conclusion, based on if-then scenarios.

Modus Ponens

A valid form of argument in which if a conditional statement ("if P then Q") is accepted, and P is asserted to be true, then Q necessarily follows.

Modus Tollens

A logical argument form where the contrapositive of a premise is used to infer the negation of the hypothesis.