If the marginal propensity to import is 0.08, each additional dollar of national income adds ____ to planned ________.
A) 8 cents, exports
B) 8 cents, imports
C) 80 cents, exports
D) 80 cents, imports
Correct Answer:
Verified
Q67: Assume that the government runs budget surplus.
Q68: Successive federal government budget deficits in the
Q69: A country's public debt ratio is:
A) the
Q70: At the end of 2007, the federal
Q71: Consider an import function with Y in
Q73: The expression S + NT + Z
Q74: If domestic GDP increases, imports will _and
Q75: _ export expenditure will increase equilibrium GDP,
Q76: Increases in exports and increases in investment
Q77: Higher is the MPZ:
A) higher is the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents