The Marginal Propensity to Import Is The_________ That Is Spent

question 222

Multiple Choice

The marginal propensity to import is the_________ that is spent on imports.

• A) fraction of an increase in potential GDP
• B) total amount of potential GDP
• C) total amount of real GDP
• D) fraction of an increase in real GDP

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Definitions:

The Philippines

A Southeast Asian country in the Western Pacific, comprising more than 7,000 islands.

United States

A country in North America comprising 50 states, known for its significant influence on global politics, economy, and culture.

Race

A social construct used to categorize and differentiate human populations based on physical characteristics, often entwined with historical, cultural, and political factors.

Brazil

A large country in South America known for its diverse culture, rainforests, and significant contributions to global agriculture, soccer, and music.