An Upward Shift and Flattening of the Net Export (NX)function

question 37

Multiple Choice

An upward shift and flattening of the net export (NX) function can be caused by

• A)an increase in domestic national income.
• B)a decrease in foreign national income.
• C)a decrease in domestic prices relative to foreign prices.
• D)an increase in the Canadian-dollar price of foreign currency.
• E)both C and D are correct

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Definitions:

Precise Gripping

The act of seizing or holding firmly with accuracy.

Crocodilians

Large aquatic reptiles that include crocodiles, alligators, caimans, and the gharial, known for their tough skin, sharp teeth, and strong jaws.

Reptile Group

A category of ectothermic, vertebrate animals primarily characterized by their ability to lay eggs on land and having scales or scutes.

Birds

A group of endothermic vertebrates characterized by feathers, beaks without teeth, laying of hard-shelled eggs, a high metabolic rate, a four-chambered heart, and a strong yet lightweight skeleton.