Multiple Choice
The table below shows national income and imports.The level of exports is fixed at $300.All figures in the table and in the questions are in millions of dollars. TABLE 22-1 Refer to Table 22-1.What are the correct values for the level of net exports (a,b,c,and d) at each level of national income?
A) a = $150,b = $50,c = -$50,d = -$150
B) a = -$150,b = -$50,c = $50,d = $150
C) a = $150,b = $250,c = $350,d = $450
D) a = $300,b = $300,c = $300,d = $300
E) not enough data to determine
Correct Answer:

Verified
Correct Answer:
Verified
Q51: A decrease in domestic national income will
Q52: The diagram below shows desired aggregate expenditure
Q53: In our simple macro model with government,consider
Q54: In a simple macro model,it is generally
Q55: Consider the government's budget balance.Suppose G =
Q57: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7713/.jpg" alt=" FIGURE 22-5 Refer
Q58: In a simple macro model,the net export
Q59: Consider the net export function.Suppose exports are
Q60: Consider the government's budget balance.Suppose G =
Q61: Consider a simple macro model with a