Between 2012 and 2013 real GDP increased by $600 billion and imports increased by $90 billion. Based on these data, the marginal propensity to import equals

Name: Between 2012 and 2013 real GDP increased by $600 billion and imports increased by $90 billion. Based on these data, the marginal propensity to import equals
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The marginal propensity to import (MPI) is calculated by dividing the change in imports by the change in real GDP. Here, MPI = $90 billion / $600 billion = 0.15.

Between 2012 and 2013 Real GDP Increased by $600 Billion