This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Japan imports over 90% of its consumption of oil. If the price of oil increases, Japan's (Read 19 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
on: Apr 19, 2019

Question 1

The U.S. and Canada have significant trade with each other. Which of the following is 
true?


◦ Canadian prices increase ⇒ Canadian exports increase ⇒ U.S. prices decrease.
◦ Canadian prices increase ⇒ Canadian exports decrease ⇒ U.S. prices increase.
◦ Canadian prices decrease ⇒ Canadian exports decrease ⇒ U.S. prices decrease.
◦ Canadian prices decrease ⇒ Canadian exports decrease ⇒ U.S. prices increase.

Question 2

Japan imports over 90% of its consumption of oil. If the price of oil increases, Japan's


◦ aggregate demand curve shifts to the right.
◦ aggregate supply curve shift to the right.
◦ aggregate supply curve shifts to the left.
◦ aggregate planned expenditures increase.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by yoroshambo on Apr 19, 2019

tranoy

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 30% of students answer this correctly


yoroshambo

  • Member
  • Posts: 566
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Simian statue at a Buddhist shrine in Tokyo, Japan Simian statue at a Buddhist shrine in Tokyo, Japan
Bridge in Japan Bridge in Japan
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009 GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009
An antique painting is purchased in 1980 for $995. The value increases by 3.1% e An antique painting is purchased in 1980 for $995. The value increases by 3.1% e
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Calvin Cycle Explained!

For a complete list of videos, visit our video library