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Between 2012 and 2013 Real GDP Increased by $600 Billion

Question 335

Multiple Choice

Between 2012 and 2013 real GDP increased by $600 billion and imports increased by $90 billion. Based on these data, the marginal propensity to import equals


A) 0.15.
B) 0.25.
C) 0.90.
D) 6.67.

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