-Refer to the above information to answer this question.What is the algebraic expression for the net export function?
A)Xn = 0.1Y.
B)Xn = 30 + 0.1Y.
C)Xn = 80 + 0.1Y.
D)Xn = 80 - 0.1Y.

Question

-Refer to the above information to answer this question.What is the algebraic expression for the net export function?
A)Xn = 0.1Y. 
B)Xn = 30 + 0.1Y. 
C)Xn = 80 + 0.1Y. 
D)Xn = 80 - 0.1Y.

Quizplus · Accepted Answer

The net export function is typically represented as exports minus imports. The expression "Xn = 80 - 0.1Y" suggests that net exports start at 80 and decrease by 0.1 for each unit increase in income (Y), which aligns with the typical behavior of net exports decreasing as domestic income rises.

-Refer to the Above Information to Answer This Question