Question: QUESTION 5 Consider an AS - AD model for the U . S . Suppose a recession in Mexico decreases income for the average Mexican

QUESTION 5
Consider an AS-AD model for the U.S. Suppose a recession in Mexico decreases income for the average Mexican household. Mexico is a large trading partner with the US. This recession would cause:
the U.S. price level to fall and real GDP to rise.
the U.S. price level to rise and real GDP to fall.
the U.S. price level and real GDP to increase.
the U.S. price level and real GDP to fall.
QUESTION 5 Consider an AS - AD model for the U .

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