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MMLU / If technology makes production less expensive and at the same time exports…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

If technology makes production less expensive and at the same time exports decrease which of the following will result with certainty?

choices

  1. Real GDP will increase.
  2. Real GDP will decrease.
  3. The price level will increase.
  4. The price level will decrease.

subject

high_school_macroeconomics

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