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When EP*/P falls... a.exports will rise. b.imports will fall. c.exports are not affected. d.imports may rise or fall. e.imports and P* will both rise.
When EP*/P falls...
a.exports will rise.
b.imports will fall.
c.exports are not affected.
d.imports may rise or fall.
e.imports and P* will both rise.
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Macroeconomics Principles Applications and Tools
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
9th edition
978-0134089027, 134089022, 978-0134420684
