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  3. Study Set
    Macroeconomics Study Set 44
  4. Exam
    Exam 22: Adding Government and Trade to the Simple Macro Model
  5. Question
    An Increase in Foreign Income, Other Things Being Equal, Is
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An Increase in Foreign Income, Other Things Being Equal, Is

Question 2

Question 2

Multiple Choice

An increase in foreign income, other things being equal, is assumed to cause the net export (NX) function to


A) shift parallel downward.
B) remain stationary.
C) pivot upward.
D) shift parallel upward.
E) pivot downward.

Correct Answer:

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