Consider the Net Export Function

question 27

Multiple Choice

Consider the net export function.An increase in domestic national income,other things being equal,is assumed to cause

• A)the net export function to shift upward.
• B)the net export function to pivot upward.
• C)movement to the right along the net export function.
• D)the net export function to pivot downward.
• E)no effect on net exports.

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Definitions:

Growth Strategy

A plan of action designed by a business to increase its level of operations and competitiveness, aiming for higher profits and market share.

Market Penetration

A strategy aimed at increasing the market share of an existing product or promoting a new product through aggressive marketing techniques.

Growth Strategy

A plan of action designed to increase the size and scope of a business, by expanding its customer base, markets, or product offerings.

Disney

A global entertainment conglomerate known for its movies, theme parks, merchandise, and media networks.