Examlex
If the demand for net exports rises,which of the following happens in the open-economy macroeconomic model?
Good X
A placeholder term used to represent any market commodity or product for the sake of economic analysis or discussion.
Income
Total earnings derived from labor, investments, and any other source, typically discussed in the context of individuals or households.
Income
Funds accrued regularly from work performed or assets invested.
Good Y
Typically used in economics as an arbitrary designation for a commodity or product in theoretical models and analysis.
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