The Net Export (NX)function Crosses the Horizontal Axis at a Level

question 33

Multiple Choice

The net export (NX) function crosses the horizontal axis at a level of national income where the

• A)X and IM curves intersect.
• B)X curve reaches the horizontal axis.
• C)IM curve reaches the horizontal axis.
• D)X and IM curves are at their farthest distance apart.
• E)X curve reaches its maximum.

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Definitions:

Compensating

The act of providing payment or remuneration to offset a loss, damage, or to make up for harm suffered.

Intentional Torts

Deliberate acts committed by one person that result in harm or injury to another.

Assault

An act that creates an apprehension in someone of an imminent, harmful, or offensive contact, potentially leading to criminal or civil liability.

Defamation

Anything published or publicly spoken that causes injury to another's good name, reputation, or character.