This topic contains a solution. Click here to go to the answer

Author Question: When the prices of a country's imports decrease, the prices of domestic goods may decrease. This ... (Read 128 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548

Question 1

When U.S. prices are falling relative to those in the rest of the world


◦ U.S. exports tend to increase.
◦ U.S. exports tend to decrease.
◦ U.S. imports tend to increase.
◦ U.S exports and U.S. imports both tend to decrease

Question 2

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


◦ a decrease in the prices of imported inputs will cause aggregate supply to decrease.
◦ if import prices fall relative to domestic prices, households will tend to substitute domestically produced goods and services for imports.
◦ if import prices fall relative to domestic prices, households will tend to substitute imports for domestically produced goods and services.
◦ a decrease in the prices of imported inputs will cause aggregate demand to increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

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

Hdosisshsbshs

  • Sr. Member
  • ****
  • Posts: 315
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





 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

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.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library