Multiple Choice
An increase in foreign income,other things being equal,is assumed to cause the net export (NX) function to
A) shift parallel upward.
B) shift parallel downward.
C) pivot downward.
D) pivot upward.
E) remain stationary.
Correct Answer:

Verified
Correct Answer:
Verified
Q29: Consider a simple macro model with a
Q46: Why are government expenditures such as Old
Q50: Consider a simple macro model with a
Q60: Consider the government's budget balance.Suppose G =
Q110: The simple macro model that is considered
Q112: Suppose that real national income (Y)is equal
Q115: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 22-4 -Refer
Q116: Consider a simple macro model with a
Q116: The diagram below shows desired aggregate expenditure
Q118: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 22-5 -Refer