This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When the prices of a country's imports increase, the prices of domestic goods may increase. This ... (Read 108 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Apr 19, 2019

Question 1

U.S. exports tend to increase when


◦ economic activity abroad is decreasing.
◦ foreign GDPs are falling.
◦ U.S. prices are falling compared to those in the rest of the world.
◦ the U.S. dollar is strong compared to foreign currencies.

Question 2

When the prices of a country's imports increase, the prices of domestic goods may increase. This occurs because


◦ an increase in the prices of imported inputs will cause aggregate supply to increase.
◦ if import prices rise relative to domestic prices, households will tend to substitute domestically produced goods and services for imports.
◦ if import prices rise relative to domestic prices, households will tend to substitute imports for domestically produced goods and services.
◦ an increase in the prices of imported inputs will cause aggregate demand to decrease.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jace on Apr 19, 2019

Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


jace

  • Hero Member
  • *****
  • Posts: 541
Reply #2 on: Apr 19, 2019
Thanks


Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Cellular mechanisms that increase protein diversity Cellular mechanisms that increase protein diversity
The wildcat Felis silvestris is a close relative and possible ancestor of the domestic cat. The wildcat Felis silvestris is a close relative and possible ancestor of the domestic cat.
Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ... How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ...
PV cells have potential for domestic and commercial use PV cells have potential for domestic and commercial use
Modern machinery has helped farmers increase yields Modern machinery has helped farmers increase yields
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library