Consider the orginal IS-curve. Suppose demand in the U.S. for imports from Japan increases. This leads to what? Select all the correct statements. (a) Lower short-run output in the U.S.. (b) A downward shift in the IS-curve in Japan. (c) A positive aggregate demand shock in Japan. (d) An upward shift in the IS-curve in the U.S.. (e) A movement along the IS-curve in Japan.

Consider the orginal IS-curve. Suppose demand in the U.S. for imports from Japan increases. This leads to what? Select all the correct statements. (a) Lower short-run output in the U.S.. (b) A downward shift in the IS-curve in Japan. (c) A positive aggregate demand shock in Japan. (d) An upward shift in the IS-curve in the U.S.. (e) A movement along the IS-curve in Japan.

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter10: Dynamic Change, Economic Fluctuations, And The Ad-as Model

Section: Chapter Questions

Problem 10CQ

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