Suppose Exports Are $940 and Imports Are Given by IM

question 87

Multiple Choice

Suppose exports are $940 and imports are given by IM = 0.1Y.At what level of national income will net exports equal zero?

• A)$0
• B)$9400
• C)$15 730
• D)$94
• E)$27 750

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Definitions:

Response Time

The duration it takes for a system or individual to react to a given stimulus or request.

Podcasting Channel

Series of regular recordings on a consistent theme.

Audience Guessing

The act of trying to predict the reactions, preferences, or interests of an audience without direct feedback.

IM Etiquette

The set of rules or guidelines for polite and effective communication in instant messaging platforms.