An increase in the U.S. price level, other things constant, will ...

[hbsimmons88]

An increase in the U.S. price level, other things constant, will _____.
 a. increase U.S. exports and decrease U.S. imports
 b. increase U.S. exports and leave U.S. imports unchanged
  c. decrease U.S. exports and increase U.S. imports
 d. decrease U.S. exports and leave U.S. imports unchanged
  e. leave both U.S. exports and U.S. imports unchanged

Question 2

Currency held by the nonbanking public is a medium of exchange.
 a. True
  b. False
  Indicate whether the statement is true or false

[stillxalice]

Answer to Question 1

c

Answer to Question 2

True