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Question: Suppose that an unexpectedly rapid growth in real income abroad leads to a sharp increase in demand for U.S. exports. What impact will this change have on the price level, output, and employment in the short run in the United States? In the long run? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93118836

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