The marginal propensity to import is the proportion of total income that is spent on imports.

Name: The marginal propensity to import is the proportion of total income that is spent on imports.
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The marginal propensity to import is defined as the change in imports resulting from a change in income, and is typically represented as a fraction or percentage of the change in income. This means that it is a proportion of total income that is spent on imports.

The Marginal Propensity to Import Is the Proportion of Total