What is meant by the term the marginal leakage rate?
A) Total leakages as a fraction of aggregate expenditures.
B) Total leakages as a fraction of the level of income.
C) The ratio of change in income that results from a change in leakages.
D) The ratio of change in leakages that results from a change in income.
Correct Answer:
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Q5: Q6: How is the MPC defined? Q7: What is meant by the term induced Q8: What is the marginal propensity to import? Q9: What is autonomous spending? Q11: What is meant by the term the Q12: What is true of the size of Q13: On what does the level of consumption Q14: What is the formula for the marginal Q15: Which of the following is true regarding
A)It is the
A)It
A)The portion of total
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