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    Principles of Macroeconomics Study Set 12
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    Exam 19: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    The Marginal Propensity to Import Is the Change in Imports
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The Marginal Propensity to Import Is the Change in Imports

Question 84

Question 84

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The marginal propensity to import is the change in imports divided by the change in income.

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