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

Author Question: When the prices of a country's imports increase, the prices of domestic goods may increase. This ... (Read 123 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Apr 19, 2019

Question 1

U.S. exports tend to increase when


◦ economic activity abroad is decreasing.
◦ foreign GDPs are falling.
◦ U.S. prices are falling compared to those in the rest of the world.
◦ the U.S. dollar is strong compared to foreign currencies.

Question 2

When the prices of a country's imports increase, the prices of domestic goods may increase. This occurs because


◦ an increase in the prices of imported inputs will cause aggregate supply to increase.
◦ if import prices rise relative to domestic prices, households will tend to substitute domestically produced goods and services for imports.
◦ if import prices rise relative to domestic prices, households will tend to substitute imports for domestically produced goods and services.
◦ an increase in the prices of imported inputs will cause aggregate demand to decrease.
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 jace on Apr 19, 2019

Amiracle

  • Sr. Member
  • ****
  • Posts: 334
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 39% of students answer this correctly


jace

  • Hero Member
  • *****
  • Posts: 541
Reply #2 on: Apr 19, 2019
Thanks


Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Domestic cat Domestic cat
Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo
Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first
When using forearm pressure on the top of the shoulder, push with your back foot to increase your ... When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...
The Increase in Divorce The Increase in Divorce
Stressing that education reproduces a country’s social class system, conflict theorists point out ... Stressing that education reproduces a country’s social class system, conflict theorists point out ...
Video: Endocytosis -Types and Phagocytosis

For a complete list of videos, visit our video library