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 106 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?

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.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

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.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Small Greek Domestic Dog Small Greek Domestic Dog
Lilly Martin Spenser’s painting, Domestic Happiness (1844), reflects the change in attitudes toward Lilly Martin Spenser’s painting, Domestic Happiness (1844), reflects the change in attitudes toward
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ... As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
Data Used to Analyze Productivity in Country 1 and Country 2 Data Used to Analyze Productivity in Country 1 and Country 2
Excessive video gaming decrease social and physical development in a child Excessive video gaming decrease social and physical development in a child
QTL mapping in domestic tomato QTL mapping in domestic tomato
Video: Dendrite Animation

For a complete list of videos, visit our video library