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Question 29 Which of the following is FALSE regarding US trade? The rise in price level in the US reduces US net exports O If the O Higher retaliatory tariffs, by China, on the importation of goods from the U.S. will disco that will hurt employment in the US When the dollar appreciates in value in the international currency market, net exports rise Question 30 Which of the following statements is TRUE? The spending multiplier is calculated as 1/MPC The proportion of any income that ding multiplier O MPC is always equal to MPS The value of the spending multiplier will increase if MPC increas Question 31 Which of the following is NOT an example of monetary policy Lowering the discount rate Selling government bonds O Lowering the reserve requirement Raising the corporate income tax rate Question 32 A public good is a good that is sell to individual consumers . Non excludable and rivalrous O Excludable and rivalrous O Excludable OR rivalrous Non Excludable and non-rivalrous Question 33 Which of the following is consistent with the law of demand? e quantity of milk demanded. A decrease in the price of soda causes A decrease in the price of gas causes an increase in the quantity supplied of gas. O none of the above