Question 1 2 pts When imports rise, net exports and aggregate demand (We'll reuse this information in the next two questions.) falls; falls O rises; falls falls, rises O rises; rises Question 2 2 pts Consider again the situation from the previous question. In the short run, the effect of the above would be in the price level and in real output. a decrease; a decrease a decrease; an increase an increase, a decrease an increase; an increase D Question 3 2 pts Consider yet again the situation from the previous question. In the long run, the effect of the above would be in the price level and in real output. no change; an increase no change; a decrease an increase; no change a decrease; no change Question 7 2 pts Now consider an economy in which the government lowers its spending. In the long run, the result would be in the price level and in real output. an increase; an increase no change; a decrease a decrease; a decrease None of the listed options is correct. a decrease; no change