ECO 372 Final Exam / ECO372 Final Exam
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ECO 372 Final Exam / ECO372 Final Exam (Latest)
1 The Marions purchased a Persian rug worth $5,000 from an Iranian textile mill. Everything else remaining unchanged, this will:
 
decrease the net imports of the domestic country by $5,000.
decrease the consumption expenditure in the domestic country by $5,000.
reduce the net exports of the domestic country by $5,000.
increase the gross domestic product of the domestic country by $5,000.
 
 
2 The table given below shows the total amount of sp...
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ECO 372 Final Exam / ECO372 Final Exam (Latest)
1 The Marions purchased a Persian rug worth $5,000 from an Iranian textile mill. Everything else remaining unchanged, this will:
 
decrease the net imports of the domestic country by $5,000.
decrease the consumption expenditure in the domestic country by $5,000.
reduce the net exports of the domestic country by $5,000.
increase the gross domestic product of the domestic country by $5,000.
 
 
2 The table given below shows the total amount of sp...