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Author Question: In the long run, an increase in the price level: a. increases output prices relative to input ... (Read 170 times)

Coya19@aol.com

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on: Jun 30, 2018
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


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Liddy

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


Coya19@aol.com

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  • Posts: 601
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

nguyenhoanhat

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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