2) AP Macro: In determining the AE function for an open economy, it is generally assumed that

3 votes
as real national income increases, net exports will decrease
 
33% / 1 vote
as real national income decreases, net exports will decrease
 
33% / 1 vote
as real national income increases, imports will decrease
 
0% / 0 votes
as real national income increases, exports will decrease
 
0% / 0 votes
as real national income decreases, exports will decrease
 
33% / 1 vote


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