The diagrams below show the import,export,and net export functions for an economy. FIGURE 22-1 Refer to Figure 22-1.If actual national income is equal to $2000,then imports are equal to
A)$0.
B)$200.
C)$400.
D)$450.
E)$1000.

Question

The diagrams below show the import,export,and net export functions for an economy.  FIGURE 22-1 Refer to Figure 22-1.If actual national income is equal to $2000,then imports are equal to
A)$0. 
B)$200. 
C)$400. 
D)$450. 
E)$1000.

Quizplus · Accepted Answer

In the diagram, at an actual national income of $2000, the import function intersects the X-axis at $400, indicating that imports are equal to $400.

The Diagrams Below Show the Import,export,and Net Export Functions for an Economy