Consider the Net Export Function (NX)

question 5

Multiple Choice

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

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

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Definitions:

Mid-ocean Ridge

A worldwide submarine mountain chain, developed through the action of plate tectonics.

Southeastern Asia

A geographic region consisting of countries situated to the southeast of Asia, including Indonesia, Thailand, and Vietnam.

Indian Ocean

The third largest ocean in the world, bounded by Africa to the west, Asia to the north, Australia to the east, and the Southern Ocean to the south.

Fault Strength

A measure of how resistant a fault is to movement or slip under tectonic stresses.