Consider the Net Export Function

question 26

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

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Definitions:

Central Governments

The primary governmental authority that governs an entire nation or state, responsible for making and enforcing laws at the national level.

Equality

The state or quality of being equal, especially in status, rights, and opportunities.

Civilization

In anthropology, societies in which large numbers of people live in cities, are socially stratified, and are governed by a ruling elite working through centrally organized political systems called states.

Private Property

The legal right to own, use, and dispose of land, goods, or intellectual properties individually, distinct from public or communal ownership.