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 65 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?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
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
Does Intelligence Increase with Brain Size? Does Intelligence Increase with Brain Size?
Greenhouse gases increase in the stratosphere Greenhouse gases increase in the stratosphere
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
A melting profile shows the increase in UV absorption versus temperature A melting profile shows the increase in UV absorption versus temperature
Video: Mendel's Principles of Dominance, Segregation and Independent Assortment

For a complete list of videos, visit our video library