The Table Below Shows National Income and Imports

question 36

Multiple Choice

The table below shows national income and imports.The level of exports is fixed at $300.All figures in the table and in the 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

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