If an economy’s exports are $800 billion and its imports are $750 billion, its net exports are
32.If an economy’s exports are $560 billion and its imports are $730 billion, its net exports are
33.A rise in net exports shifts the
a.AD curve leftward.
b.AD curve rightward.
c.SRAS curve leftward.
d.SRAS curve rightward.
34.If Germany’s Real GDP rises, this tends to ________________ United States exports, shifting the United States AD curve to the ___________________.
35.If Germany’s Real GDP falls, this tends to ______________ United States exports, shifting the United States AD curve to the ________________.
36.If Japan’s Real GDP rises, this tends to _________________ United States exports, shifting the United States AD curve to the __________________.
37.If Japan’s Real GDP falls, this tends to _________________ United States exports, shifting the United States AD curve to the _____________________.
38.If the United States goes into a recession, this tends to shift Japan’s AD curve _______________ because Japan will ___________________.
a.rightward; import less from the United States.
b.rightward; export less to the United States.
c.leftward; import less from the United States.
d.leftward; export less to the United States.
39.When the United States recovers from a recession, this tends to shift Germany’s AD curve _________________, which _____________ Germany’s price level.
40.Suppose a British camera has a price of 200 British pounds. To a United States camera importer, its price rises from $360 to $380. This might happen when the dollar ________________ against the British pound, which means the British pound has a __________ dollar price.
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