Multiple Choice
What is the impact of net exports on the aggregate expenditure line?
A) They cause the line to shift upward in a parallel fashion.
B) They cause the line to shift downward in a parallel fashion.
C) They make the line steeper.
D) They make the line flatter.
E) They make the slope of the line equal 1.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: If variable net exports increase by the
Q11: If the MPC equals 0.7 and the
Q12: If net exports increase by $400 billion
Q13: The marginal propensity to import<br>A)is negative<br>B)is positive<br>C)is
Q14: Exhibit 10-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4913/.jpg" alt="Exhibit 10-8
Q16: The formula for the spending multiplier in
Q17: When variable net exports are included in
Q18: The formula for the spending multiplier when
Q19: Which of the following is true concerning
Q20: If the marginal propensity to consume (MPC)