Fill in the blanks to make the following statements correct.

a. In our macro model exports ( X ) are _________ with respect to domestic national income, but the X function will shift in response to changes in _________ and __________ .

b. The marginal propensity to import ( m ), indicates the increase in desired __________ when national income rises by ___________ .

c. The equation for the net export function ( NX )

is ___________ . As national income rises, imports ___________ ; NX is therefore _________ related to national income.

d. If Canadian prices rise relative to those in other countries, then imports will ___________ , and the net export function will shift __________ . If Canadian prices fall relative to those in other countries, imports will ____________and the net export function will shift ____________ .