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

Question

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Answer 1

as real national income increases, net exports will decrease

Answer 2

as real national income decreases, net exports will decrease

Answer 3

as real national income increases, imports will decrease

Answer 4

as real national income increases, exports will decrease

Answer 5

as real national income decreases, exports will decrease

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