What impact will this change have on the price level


Problem

Suppose that an unexpectedly rapid growth in real income abroad leads to a sharp increase in demand for U.S. exports. What impact will this change have on the price level, output, and employment in the short run in the United States? In the long run?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What impact will this change have on the price level
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