The marginal propensity to import is calculated as
A) imports divided by the change in real GDP.
B) the change in imports divided by real GDP.
C) imports divided by real GDP.
D) the change in imports divided by the change in real GDP.
E) 1-MPC.
Correct Answer:
Verified
Q42: As Canada experiences increasing wealth and increasing
Q43: Use the information below to answer the
Q44: The marginal propensity to import is equal
Q45: If there is an unplanned increase in
Q46: Use the information below to answer the
Q48: Use the information below to answer the
Q49: If aggregate planned expenditure exceeds real GDP,
Q50: Everything else remaining the same, if Canadians
Q51: When disposable income increases,
A)the consumption function shifts
Q52: An increase in autonomous consumption
A)shifts the consumption
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