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-Refer to Exhibit 8-1

Question 70

Multiple Choice

  -Refer to Exhibit 8-1.Assume that the economy is originally in equilibrium at point A.If foreign real national income rises,at which point is the economy most likely to end up in the short run? A)  A B)  B C)  C D)  D E)  A change in foreign real national income would have no impact on the domestic economy.
-Refer to Exhibit 8-1.Assume that the economy is originally in equilibrium at point A.If foreign real national income rises,at which point is the economy most likely to end up in the short run?


A) A
B) B
C) C
D) D
E) A change in foreign real national income would have no impact on the domestic economy.

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