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    Exam 11: The Income-Expenditure Model
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    Table 11.1 -Refer to Table 11.1. If the Marginal Propensity to Import
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Table 11.1 -Refer to Table 11.1. If the Marginal Propensity to Import

Question 155

Question 155

Multiple Choice

Table 11.1
Table 11.1    -Refer to Table 11.1. If the marginal propensity to import increases to 0.5 (mpi = 0.5) , what is the new equilibrium level of output? A)  568.00 B)  760.00 C)  946.67 D)  1,266.67
-Refer to Table 11.1. If the marginal propensity to import increases to 0.5 (mpi = 0.5) , what is the new equilibrium level of output?


A) 568.00
B) 760.00
C) 946.67
D) 1,266.67

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