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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Macroeconomics

ISBN: 9781264112456

22nd Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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Question Posted: Mar 02, 2024 01:00 PM

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A depression abroad will tend to ________ our exports, which in turn will _______ net exports, which

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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

Macroeconomics

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A depression abroad will tend to __ our exports, which in turn will _ net exports, which