When the price level rises and U.S. goods become relatively more expensive than foreign goods, there...

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When the price level rises and U.S. goods become relatively more expensive than foreign goods, there will be a(n) downward mo

business economics

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Option 4

the US goods are more expensive so the export decreases and imports increases which decrease net export and that decreases aggregate demand. The aggregate demand shifts to the left as a result.

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Answer 2

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When the price level rises and U.S. goods become relatively more expensive than foreign goods, there...

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When the price level rises and U.S. goods become relatively more expensive than foreign goods, there...

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When the price level rises and U.S. goods become relatively more expensive than foreign goods, there...