Multiple Choice
An MPI of 0.4 indicates that for every 100 percent increase in domestic income:
A) there is a 40 percent increase in investment.
B) there is a 60 percent increase in investment.
C) there is a 40 percent decline in imports.
D) there is a 60 percent increase in imports.
E) there is a 40 percent increase in imports.
Correct Answer:
Verified
Correct Answer:
Verified
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