The Marginal Propensity to Import Is Defined as

Multiple Choice

The marginal propensity to import is defined as

A) the fraction of each additional dollar of income that is spent on imported products
B) the fraction of each additional dollar of income that is spent on exports minus imports
C) the amount spent on imports at each level of income
D) the change in income divided by the change in imports
E) the level of imports divided by the level of income