The Marginal Propensity to Import Is the ________ That Is

question 48

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)fraction of an increase in real GDP
• D)total amount of real GDP

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Definitions:

Large Organisations

Entities that operate on a vast scale, often with extensive human and capital resources, complex structures, and wide geographical reach.

Contingency Factors

Variables or conditions that influence the effectiveness of management strategies and affect organizational performance.

Organisational Design

The process of shaping an organization's structure, roles, and processes to effectively achieve its goals and adapt to environmental changes.

Technology

Technology encompasses the tools, systems, and processes that are created and used to solve problems or improve efficiency, ranging from simple implements to complex machinery and information systems.