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Author Question: The net export function illustrates that: a. net exports are a positive function of domestic ... (Read 39 times)

charchew

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on: Jun 30, 2018
The net export function illustrates that:
 a. net exports are a positive function of domestic income.
  b. net exports are independent of domestic income.
  c. net exports are a negative function of domestic income.
  d. exports are a negative function of foreign income.
  e. exports are independent of foreign income.

Question 2

An economy's resources:
 a. include land, labor, capital, and entrepreneurial skills.
 b. are unlimited in a country like the United States.
 c. are always efficiently utilized in wealthy nations.
 d. consist of land, labor and capital, but not entrepreneurial skills.


dlook33

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


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