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The Table Below Shows National Income and Imports

Question 21

Multiple Choice

The table below shows national income and imports.The level of exports is fixed at $300.All figures (in table and 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 table and questions) are in millions of dollars. TABLE 22-1 -Refer to Table 22-1.What is the marginal propensity to import? A) 0.01 B) 0.10 C) 1.0 D) 10.0 E) not enough data to determine TABLE 22-1
-Refer to Table 22-1.What is the marginal propensity to import?


A) 0.01
B) 0.10
C) 1.0
D) 10.0
E) not enough data to determine

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