Economics:
10th Edition
ISBN: 9781285859460
Author: BOYES, William
Publisher: Cengage Learning
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Question
Chapter 4, Problem 3E
To determine
The meaning of the situation when the net export is negative.
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What happens to the level of net exports in an economy when income in that economy increases? What happens to the level of net exports in an economy when income in other economies increases?
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- Explain how an increase in the price level changes interest rates. How does this change in interest rates lead to changes in investment and net exports?arrow_forwardSo I don't need to fill out anything for net exports?arrow_forwardIf exports drop by $10 billion and imports rise by $7 billion, then what's the net export change? (Enter as If the answer is negative, then as the minus .arrow_forward
- What will happen to the net exports of Mexico when there is an increase in income in the United States? Ⓒ Net exports will increase because exports will increase. Net exports will decrease because exports will decrease. ONet exports will decrease because imports decrease. Net exports will increase because imports increase.arrow_forwardWhat do you call the Circular flow of goods and income of households and firms with the government and foreign countries.arrow_forwardIn an economy the National savings isarrow_forward
- What does this graph show and what is the relationship between real exchange rate and net exports?arrow_forwardSuppose there is an increase in foreign output. Show the effect on the domestic economy . What is the effect on domestic output? On domestic net exports?arrow_forwardIf the United States. Purchases a car from China the. Does that raise the net imports or net exports? And if so, from which country is affected and howarrow_forward
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