In the short-run, an increase in the price of raw materials will ...

[lidoalex]

In the short-run, an increase in the price of raw materials will ________ the price level and ________ real GDP.
 
  A) raise; increase
  B) lower; increase
  C) lower; decrease
  D) raise; decrease
  E) raise; not change

Question 2

According to this Application, international statistics show that the developing countries are ________ and the developed countries are ________.
 
  A) creditors; creditors B) creditors; debtors C) debtors; debtors D) debtors; creditors

[brittiany.barnes]

Answer to Question 1

D

Answer to Question 2

B

[lidoalex]

Thank you

[brittiany.barnes]

No problemo