The table below shows national income and imports. The level of exports is fixed at $350. All figures are in millions of dollars.Imports (IM)Net Exports (NX)290a330b370410Income (Y)1,8003,3004,8006,300On a graph of the net export function for this economy, at what level of Y would the NX function intersect the horizontal axis?A. at $0B. at $4,050C. at $4,800D.at $1,800E. at $6,300сd

The exchange of commodities/products, services, money, and ideas across international borders is…

The table below shows national income and imports. The level of exports is fixed at $350. All figures are in millions of dollars. Income (Y) Imports (IM) Net Exports (NX) 1,800 290 a 3,300 330 b 4,800 370 с 6,300 410 d On a graph of the net export function for this economy, at what level of Y would the NX function intersect the horizontal axis? O A. at $0 O B. at $4,050 O C. at $4,800 D. at $1,800 OF at $6300

The table below shows national income and imports. The level of exports is fixed at $350. All figures are in millions of dollars. Income (Y) Imports (IM) Net Exports (NX) 1,800 290 a 3,300 330 b 4,800 370 с 6,300 410 d On a graph of the net export function for this economy, at what level of Y would the NX function intersect the horizontal axis? O A. at $0 O B. at $4,050 O C. at $4,800 D. at $1,800 OF at $6300

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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