The increase in spending that occurs because domestic goods become cheaper relative to foreign goods ...

Author Question: The increase in spending that occurs because domestic goods become cheaper relative to foreign goods ... (Read 92 times)

NguyenJ

Hero Member
Posts: 516

on: Jun 30, 2018

The increase in spending that occurs because domestic goods become cheaper relative to foreign goods when the price level falls is known as the

A) interest rate effect. B) price effect.
C) international trade effect. D) wealth effect.

Question 2

The difference between exports and imports in GDP is called

A) import tariffs. B) net exports. C) net imports. D) gross imports.

Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7^th Edition

Buy Test-Bank

IAPPLET

Sr. Member
Posts: 333

Reply #1 on: Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

B

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Location of the Planets Relative to the Sun

The Head Start program was designed to increase the school readiness of low-income children.

Compression used to increase circulation when the athlete is clothed.

Which Is Cheaper: Fast Food or a Homemade Lunch?

Conversion of F+ to an Hfr state occurs by integration of the F factor

Immune-to-brain signaling occurs in response to infection, injury, and inflammation that occur in pe

Author Question: The increase in spending that occurs because domestic goods become cheaper relative to foreign goods ... (Read 92 times)

NguyenJ

The increase in spending that occurs because domestic goods become cheaper relative to foreign goods ...

IAPPLET

The increase in spending that occurs because domestic goods become cheaper relative to foreign goods ...

Related Topics

Need homework help now?