The table below shows national income and imports. The level of exports is fixed at $350. All figures are in millions of dollars. Income (Y) Imports (IM) Net Exports (NX) 1,800 290 a 3,300 330 b 4,800 370 с 6,300 410 d On a graph of the net export function for this economy, at what level of Y would the NX function intersect the horizontal axis? O A. at $0 O B. at $4,050 O C. at $4,800 D. at $1,800 OF at $6300
The table below shows national income and imports. The level of exports is fixed at $350. All figures are in millions of dollars. Income (Y) Imports (IM) Net Exports (NX) 1,800 290 a 3,300 330 b 4,800 370 с 6,300 410 d On a graph of the net export function for this economy, at what level of Y would the NX function intersect the horizontal axis? O A. at $0 O B. at $4,050 O C. at $4,800 D. at $1,800 OF at $6300
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![The table below shows national income and imports. The level of exports is fixed at $350. All figures are in millions of dollars.
Imports (IM)
Net Exports (NX)
290
a
330
b
370
410
Income (Y)
1,800
3,300
4,800
6,300
On a graph of the net export function for this economy, at what level of Y would the NX function intersect the horizontal axis?
A. at $0
B. at $4,050
C. at $4,800
D.
at $1,800
E. at $6,300
с
d](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc81c916e-8c9c-4585-98cf-019e4161dbdb%2F10793d1f-faf4-40f3-86e1-5a3b674a43f3%2Ffxwzr69_processed.png&w=3840&q=75)
Transcribed Image Text:The table below shows national income and imports. The level of exports is fixed at $350. All figures are in millions of dollars.
Imports (IM)
Net Exports (NX)
290
a
330
b
370
410
Income (Y)
1,800
3,300
4,800
6,300
On a graph of the net export function for this economy, at what level of Y would the NX function intersect the horizontal axis?
A. at $0
B. at $4,050
C. at $4,800
D.
at $1,800
E. at $6,300
с
d
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