Multiple Choice
What is the marginal propensity to import?
A) It is the change in incomes resulting from a change in imports.
B) It is the effect on net exports resulting from a change in imports.
C) It is the effect on imports of a change in the exchange rate.
D) It is the change in imports that results from a change in income.
Correct Answer:
Verified
Correct Answer:
Verified
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