The Marginal Propensity to Import Is Equal to ________

question 36

Multiple Choice

The marginal propensity to import is equal to ________.

• A)disposable income minus consumption expenditure minus saving divided by real GDP
• B)the change in imports divided by the change in real GDP that brought it about, other things remaining the same
• C)the change in net imports divided by the change in disposable income, other things remaining the same
• D)imports minus exports
• E)1 - MPC

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Definitions:

Bond Dissociation Energy

The amount of energy needed to fracture a particular chemical bond within a mole of gas-phase molecules.

C-H Bonds

A chemical bond formed between a carbon atom and a hydrogen atom, prevalent in organic molecules and important for the structure of hydrocarbons.

ΔS°

Standard entropy change, representing the change in entropy in a system when one mole of a compound is formed under standard conditions (298 K, 1 atm).

Hydrogenation

A chemical reaction where hydrogen is added to organic compounds, often requiring a catalyst.