Suppose the Price Level in Germany Rises,ceteris Paribus

question 64

Multiple Choice

Suppose the price level in Germany rises,ceteris paribus.This ________________ United States net exports,ultimately shifting the United States AD curve ____________________.

• A)stimulates;rightward
• B)stimulates;leftward
• C)depresses;rightward
• D)depresses;leftward.

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Definitions:

Odometer

An instrument in a vehicle that measures the distance it has traveled.

Bilateral Mistake

A misunderstanding where both parties to a contract have incorrect beliefs about an important fact or agreement term.

Misinterpreted Data

Incorrectly understood or analyzed information, leading to potentially erroneous conclusions or actions.

All-Terrain Vehicles (ATVs)

Motorized vehicles designed to handle a wider variety of terrain than most other vehicles.