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1.Suppose the price level in Germany rises, ceteris paribus .This ________________ United States net exports, ultimately shifting the United States AD curve ____________________. stimulates; rightward

1.Suppose the price level in Germany rises,ceteris paribus.This ________________ United States net exports, ultimately shifting the United States AD curve ____________________.

stimulates; rightward

stimulates; leftward

depresses; rightward

depresses; leftward.

2.Higher real interest rates in the United States (relative to foreign real interest rates) will lead to a(n) _____________________of the dollar, a ____________ shift of the U.S. AD curve and a _________________ shift of the U.S. SRAS curve.

appreciation; rightward; leftward

appreciation; leftward; rightward

depreciation ; rightward; leftward

depreciation; leftward; rightward

appreciation; rightward; rightward

3.Dollar depreciation raises United States Real GDP when the __________ shift of the AD curve exceeds the _________________ shift of the SRAS curve.

rightward; rightward

rightward; leftward

leftward; rightward

leftward; leftward

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