Multiple Choice
Suppose exports (X) = 100,real GDP (Y) = 500,and imports are equal to mY,where m is the marginal propensity to import.Net exports would be equal to zero if the marginal propensity to import were
A) 1%.
B) 5%.
C) 10%.
D) 20%.
E) 50%.
Correct Answer:

Verified
Correct Answer:
Verified
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