Other Things Being Equal, the Effect of a Downward Shift

question 103

Multiple Choice

Other things being equal, the effect of a downward shift of the economy's net export schedule on equilibrium GDP will be similar to a(n) :

• A) Rightward shift in the investment-demand schedule
• B) Downward shift in the consumption schedule
• C) Upward shift in the consumption schedule
• D) Upward shift in the investment schedule

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