Solved

The Table Below Shows National Income and Imports

Question 123

Multiple Choice

The table below shows national income and imports.The level of exports is fixed at $300.All figures in the table and in the questions are in millions of dollars. The table below shows national income and imports.The level of exports is fixed at $300.All figures in the table and in the questions are in millions of dollars.   TABLE 22-1 Refer to Table 22-1.In this economy,if actual national income increases by $600,the level of imports will A) rise by $30. B) rise by $60. C) rise by $100. D) fall by $100. E) not change. TABLE 22-1 Refer to Table 22-1.In this economy,if actual national income increases by $600,the level of imports will


A) rise by $30.
B) rise by $60.
C) rise by $100.
D) fall by $100.
E) not change.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions