Answer to Question #214114 in Economics for Paballo

Question #214114

As income rises following an increase in autonomous net exports, induced imports will

_____.

[1] decrease

[2] remain unchanged

[3] increase

[4] increase by the same value as increase in income


1
Expert's answer
2021-07-07T09:05:49-0400

As income rises following an increase in autonomous net exports, induced imports will increase too.

So, the correct answer is [3].


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