People expect that the El Nio effect will cause drought in Australia in coming years. If most Australian firms expect their profits will fall during the next five years, Australia's ________ this year.
A) aggregate demand will increase
B) long-run aggregate supply will increase
C) aggregate demand will decrease
D) short-run aggregate supply will increase
Question 2
A tariff is a tax that is imposed by the ________ country when an ________ good crosses its international boundary.
A) exporting; imported
B) importing; exported
C) exporting; exported
D) importing; imported
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