7. Marginal propensity to import and net exports The following graph shows net exports for a hypothetical country. 50 4o (,0 D M O _. O O NET EXPORTS (Billions of dollars) 0 100 200 300 400 500 600 700 REAL GDP (Billions of dollars) According to the graph, when the country is producing a real GDP of $700 billion, exports are V than imports. The slope of the net exports function is equal to the V and thus tells you that for every $1 increase in real GDP, V by V and V do not change (because they are assumed to be autonomous with respect to real GDP). According to the graph, when the country is producing a real GDP of $700 billion, exports are V than imports. The slope of the net exports function is equal to the V and thus tells you that for every $1 increase in real GDP, V by V and V do not change (because they are assumed to be autonomous with respect to real GDP). \fREAL GDP (Billions of dollars) exports increase imports increase exports decrease imports decrease According to the graph, when the country is producing a real GDP of $700 billion, exports are V than imports. exports function is equal to the V and thus tells you that for every $1 increase in real GDP, V by V and 7 do not change (because they are assumed to be autonomous with respect to real GDP). to the graph, when the country is producing a real GDP of $700 billion, exports are V than imports. The slope of the net exports . equal to the V and thus tells you that for every $1 increase in real GDP, V by V and V do not change (because they are assumed to be autonomous with respect to real GDP). According to the -n the country is producing a real GDP of $700 billion, exports are V than imports. The slope of the net exports function is equal V and thus tells you that for every $1 increase in real GDP, V by V and V do not change (because they are assumed to be autonomous with respect to real GDP)