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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
  5. Question
    The Value of the Marginal Propensity to Import for an Open
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The Value of the Marginal Propensity to Import for an Open

Question 192

Question 192

True/False

The value of the marginal propensity to import for an open economy will realistically fall between zero and one.

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