Suppose the u.s. gdp growth rate is faster relative to other countries' gdp growth rates. u.s. imports will therefore increase faster than u.s. exports, and this will:_________

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18-08-2022
Business

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Suppose the u.s. gdp growth rate is faster relative to other countries' gdp growth rates. u.s. imports will therefore increase faster than u.s. exports, and this will:_________

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vtamit3 vtamit3 · Answer 1 · 2022-08-25T10:12:24+02:00

When the GDP growth rate of the US is faster than other countries, imports will increase in the US in comparison to exports. The result will be a shift of the aggregate demand curve to the right. Hence, Option B is correct.

What is US GDP?

The term US GDP means the United States Gross Domestic Product. Here it is about the goods and services that are being produced in the United States and their value.

The whole system of the GDP can be understood by the imports and exports of the goods and services that are produced in any country. As per the available data for the 2022 year, there is an increase of 7.8% in the current dollar at an annual rate.

Thus, Option B is correct.

Learn more about US GDP from here:

https://brainly.com/question/27331952

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The complete question has been attached in text form:

Suppose the U.S. GDP growth rate is faster relative to other countries' GDP growth rates. U.S. imports will therefore increase faster than U.S. exports, and this will A. move the economy up along a stationary aggregate demand curve. B. shift the aggregate demand curve to the right. C. move the economy down along a stationary aggregate demand curve. D. shift the aggregate demand curve to the left.