Author Question: What would be the impact of an increase in foreign income on the net export function? a. The net ... (Read 72 times)

Chelseaamend · **on:** Jun 30, 2018

What would be the impact of an increase in foreign income on the net export function?
a. The net export function would shift upward.
b. The net export function would shift downward.
c. The slope of the net export function would increase.
d. The slope of the net export function would decrease.
e. There would be a movement up along the net export function.

Question 2

Which of the following is an example of a resource?
a. Land
b. Capital
c. Entrepreneurship
d. All of the above are resources