Question
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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