Author Question: As the U.S. price level rises relative to price levels in other countries, U.S. _____. a. ... (Read 37 times)

Medesa · **on:** Jun 30, 2018

As the U.S. price level rises relative to price levels in other countries, U.S. _____.
a. consumption and net exports will both decrease
b. consumption and net exports will both increase
c. consumption would increase and net exports will decrease
d. consumption would decrease and net exports will increase
e. consumption and net exports will remain constant

Question 2

M2 is the narrow measure of the money supply.
a. True
b. False
Indicate whether the statement is true or false