Other things remaining the same, what is the effect of a decrease in exports on the U.S.

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Other things remaining the same, what is the effect of a decrease in exports on the U.S. price level in the short run? What is the effect of this change in the price level on the AE curve?

U.S. imports are recovering thanks to the $2 trillion rescue package passed by Congress. But lagging foreign demand is hurting U.S. exports.

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Macroeconomics

ISBN: 9780137470822

14th Edition

Authors: Michael Parkin

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Question Posted: Apr 07, 2024 07:00 AM

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Other things remaining the same, what is the effect of a decrease in exports on the U.S.

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A decrease in US exports decreases US aggregate demand and t...View the full answer

Macroeconomics

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