If the USPrice Level Increases Relative to Price Levels in Foreign Countries,_____

question 122

Multiple Choice

If the U.S.price level increases relative to price levels in foreign countries,_____.

• A)the aggregate supply curve for the U.S.will shift outward and the aggregate demand curve would remain unchanged
• B)the aggregate supply curve for the U.S.will shift inward and the aggregate demand curve would remain unchanged
• C)the aggregate demand curve for the U.S.will shift outward and the aggregate supply curve would remain unchanged
• D)the aggregate demand curve for the U.S.will shift inward and the aggregate supply curve would remain unchanged
• E)both the aggregate demand and the aggregate supply curves for the U.S.will shift outward

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Definitions:

Endoderm

The innermost layer of cells or tissue of an embryo in early development, giving rise to the lining of the gut and the associated structures.

Mesoderm

The middle layer of an embryo in early development, which will develop into muscles, bones, and circulatory systems.

Nervous System

In most invertebrates, consists of ganglia, sensory cells or sense organs, and networks of neurons. In vertebrates, consists of the brain, spinal cord, sense organs, and nerves; the body’s main regulatory system.

Endoderm

The innermost layer of cells or tissue of an embryo in early development, which gives rise to the lining of the digestive and respiratory systems.