The Marginal Propensity to Import Is Calculated as

question 67

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)1-MPC.

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Definitions:

NSF

Stands for "Non-Sufficient Funds," indicating a situation where an account does not have enough money to cover a check or withdrawal.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.

Adjusted Balance

An accounting figure reached after adjusting the book balance of an account for checks and deposits in transit, fees, or errors.

Balance Per Bank

The amount of money that a company's bank account shows according to the bank's records.