Use the Figure Below to Answer the Following Questions

question 2

Multiple Choice

Use the figure below to answer the following questions.
Figure 11.2.3
There are no taxes in this economy.
-In Figure 11.2.3, if there are no income taxes, the marginal propensity to import is

• A)0.3.
• B)0.6.
• C)0.25.
• D)0.
• E)0.1.

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Definitions:

Learning Curve

The phenomenon that repeated task performance leads to improvements in speed and efficiency due to the acquisition of knowledge or skills over time.