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AP® Macroeconomics

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Moderate

Foreign Travel and National Income Accounting

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Suppose the US economy only had one major change from one year to the next-- that more Americans flew foreign airlines than foreigners flew American airlines.

Ceteris Paribus, one can be sure that if this happened

A

American GDP will grow larger.

B

Foreign Gross Investment will decline.

C

Price Level will increase in America.

D

Tax revenue will decline in foreign countries.

E

American Net Exports will decline.