Multiple Choice
The marginal propensity to import is equal to ________.
A) disposable income minus consumption expenditure minus saving divided by real GDP
B) the change in imports divided by the change in real GDP that brought it about, other things remaining the same
C) the change in net imports divided by the change in disposable income, other things remaining the same
D) imports minus exports
E) 1 - MPC
Correct Answer:

Verified
Correct Answer:
Verified
Q18: A rise in the price level<br>A)shifts the
Q22: If a household's disposable income increases from
Q32: If the saving function is S =
Q35: Which one of the following variables has
Q55: Which of the following events would shift
Q104: Use the figure below to answer the
Q113: Use the figure below to answer the
Q122: Use the information below to answer the
Q157: Use the information below to answer the
Q160: The multiplier can take on any value<br>A)only