he table below shows national income and imports. The level of exports is fixed at $300. All figures in the

46)

table and in the questions are in millions of dollars.

Income (Y)

Imports (IM)

Net Exports (NX)

2000

150

a

3000

250

b

4000

350

c

5000

450

d

TABLE 22

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1

Refer to Table 22

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1. On a graph of the net export function for this economy, at what level of Y

would the NX function intersect the horizontal axis?

A) at $0

B) at $2000

C) at $3500

D) at $4000

E) at $5000