This topic contains a solution. Click here to go to the answer

Author Question: When the prices of a country's imports decrease, the prices of domestic goods may decrease. This ... (Read 134 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548

Question 1

When U.S. prices are falling relative to those in the rest of the world


◦ U.S. exports tend to increase.
◦ U.S. exports tend to decrease.
◦ U.S. imports tend to increase.
◦ U.S exports and U.S. imports both tend to decrease

Question 2

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


◦ a decrease in the prices of imported inputs will cause aggregate supply to decrease.
◦ if import prices fall relative to domestic prices, households will tend to substitute domestically produced goods and services for imports.
◦ if import prices fall relative to domestic prices, households will tend to substitute imports for domestically produced goods and services.
◦ a decrease in the prices of imported inputs will cause aggregate demand to increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

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

Hdosisshsbshs

  • Sr. Member
  • ****
  • Posts: 315
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





 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

For a complete list of videos, visit our video library