Using the standard 45-degree line diagram, how does a decrease in net exports effect the expenditure schedule?

Name: Using the standard 45-degree line diagram, how does a decrease in net exports effect the expenditure schedule?
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

A decrease in net exports means a decrease in the amount of goods and services that domestic consumers are buying from other countries. This will lead to a decrease in total expenditure in the economy, which will shift the expenditure schedule downward.

Using the Standard 45-Degree Line Diagram, How Does a Decrease