A depression abroad will tend to ________ our exports, which in turn will _______ net exports, which
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A depression abroad will tend to ________ our exports, which in turn will _______ net exports, which in turn will _______ equilibrium real GDP.
a. reduce; reduce; reduce
b. increase; increase; increase
c. reduce; increase; increase
d. increase; reduce; reduce
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Answer The correct answer is a reduce reduce reduce Explanation When there is a depression abroad it ...View the full answer
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Related Book For
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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