An MPI of 0.4 indicates that for every 100 percent increase in domestic income:
A) there is a 40 percent increase in investment.
B) there is a 60 percent increase in investment.
C) there is a 40 percent decline in imports.
D) there is a 60 percent increase in imports.
E) there is a 40 percent increase in imports.
Correct Answer:
Verified
Q56: Table 9.2 Q57: The table given below reports the consumption Q58: As a function of real GDP (real Q59: _ is the primary determinant of consumption Q60: The table given below reports the consumption Q62: In the table given below Y represent Q63: Which of the following is least likely Q64: In most derivations of the aggregate expenditures Q65: What would be the impact of an Q66: Which of the following statements is true?
A)Real
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