If the US experiences a recession, what will happen to the price of its imports Select the correct answer below: O the price of imports will increase the price of imports will decrease the price of imports will remain the same O the price of imports will go down to zero

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter25: The Keynesian Perspective
Section: Chapter Questions
Problem 17CTQ: In its recent report, The Conference Boards Global Economic Outlook 2015, updated November 2014...
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# I am guessing, the price of imports will decrease is wrong. 

 

If the US experiences a recession, what will happen to the price of its imports
Select the correct answer below:
the price of imports will increase
the price of imports will decrease
the price of imports will remain the same
the price of imports will go down to zero
Transcribed Image Text:If the US experiences a recession, what will happen to the price of its imports Select the correct answer below: the price of imports will increase the price of imports will decrease the price of imports will remain the same the price of imports will go down to zero
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