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

Author Question: When the prices of a country's imports decrease, the prices of domestic goods may decrease. This ... (Read 117 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Apr 19, 2019

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.
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 DelorasTo on Apr 19, 2019

Hdosisshsbshs

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


DelorasTo

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Apr 19, 2019
TY


Hdosisshsbshs

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

A domestic Muscovy Duck with wings outstretched A domestic Muscovy Duck with wings outstretched
French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho
Prices for Cotton and for Slaves, 1802–1860 Prices for Cotton and for Slaves, 1802–1860
Excessive video gaming decrease social and physical development in a child Excessive video gaming decrease social and physical development in a child
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Cellular Defects - Osteoblasts, Osteoclasts and Osteocytes

For a complete list of videos, visit our video library