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Which of the Following Can Cause a Downward Shift and Steepening

Question 124

Multiple Choice

Which of the following can cause a downward shift and steepening of the net export (NX) function?


A) an increase in domestic national income
B) a decrease in foreign national income
C) an increase in domestic prices relative to foreign prices
D) a decrease in the Canadian-dollar price of foreign currency
E) both C and D are correct

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