Explain and draw a graph to illustrate the effect of an increase in exports on equilibrium expenditure

Question:

Explain and draw a graph to illustrate the effect of an increase in exports on equilibrium expenditure in the short run.

Statistics Canada reported that in the second quarter of 2017 Canadian exports increased by $14 billion.

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Macroeconomics

ISBN: 978-0134853307

10th Edition

Authors: Michael Parkin

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