a. When there is a decrease in the price level, all else held equal net exports will ...... fall rise remain the same, which causes  ...... no change an increase a decrease in the quantity of real GDP demanded.

b. Use the aggregate demand graph to illustrate the effect of net exports on aggregate demand when there is a decrease in the price level, all else held equal.

Answer rating: 100% (QA)

a A decrease in the price level results in an increase in the qu... View the full answer