question archive Assume a nation's economy is operating in equilibrium
Assume a nation's economy is operating in equilibrium
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Assume a nation's economy is operating in equilibrium. If exports increase and imports decrease, how will output, employment, and price level likely change? (Output/Employment/Price Level)
A. Increase/Increase/Increase
B. Decrease/Decrease/Decrease/
C. Increase/Decrease/Increase
D. Decrease/Decrease/Increase
E. Increase/Increase/Decrease
Option 1
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