If foreign income falls, there will be _____. a. an increase in ...

[EAugust]

If foreign income falls, there will be _____.
 a. an increase in foreign spending
  b. a rise in domestic aggregate demand
  c. no change in either domestic net exports or aggregate demand
  d. a decline in the domestic price level
  e. a decrease in domestic aggregate demand

Question 2

A hypothesis is:
 a. a normative economic statement.
 b. a testable proposition.
 c. a statement that cannot be evaluated using real-world data.
  d. a model with no connection to the real world.

[aruss1303]

Answer to Question 1

e

Answer to Question 2

b