In the long run, an increase in the price level: a. increases ...

[Coya19@aol.com]

In the long run, an increase in the price level:
 a. increases output prices relative to input prices.
  b. increases the profit margins of many producers.
  c. increases RGDP supplied.
 d. Does none of the above.

Question 2

An increase in U.S. imports from Mexico will cause a decrease in income for Mexican individuals and businesses.
 a. True
  b. False
  Indicate whether the statement is true or false

[Liddy]

Answer to Question 1

d

Answer to Question 2

False

[Coya19@aol.com]

Thanks for the timely response, appreciate it

[ebonylittles]

Excellent