The Marginal Propensity to Import Is Calculated as

question 86

Multiple Choice

The marginal propensity to import is calculated as

• A)imports divided by the change in real GDP.
• B)the change in imports divided by real GDP.
• C)imports divided by real GDP.
• D)the change in imports divided by the change in real GDP.
• E)none of the above.

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A covert intention or plan not openly acknowledged by an individual or group.

Iceberg Effect

The phenomenon where only a small part of a wider issue is visible or understood, while the bulk remains hidden.

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