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:

Oceanic Crust

The part of the Earth's crust that underlies the ocean basins, generally thinner and more dense than continental crust, formed at mid-ocean ridges and recycled into the mantle at subduction zones.

Sheeted Dikes

A geological formation consisting of numerous parallel dikes formed when magma intrudes into a crack then solidifies.

Subduction-derived Magma

Magma that is formed by the melting of subducted oceanic crust beneath a continental plate.

Belts of Volcanoes

Regions characterized by the alignment of multiple volcanoes, often situated along the boundaries of tectonic plates where volcanic activity is concentrated.