The Marginal Propensity to Import Is Defined as

question 23

Multiple Choice

The marginal propensity to import is defined as

• A)the fraction of each additional dollar of income that is spent on imported products
• B)the fraction of each additional dollar of income that is spent on exports minus imports
• C)the amount spent on imports at each level of income
• D)the change in income divided by the change in imports
• E)the level of imports divided by the level of income

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Definitions:

Awareness

The knowledge or perception of a situation or fact, often regarding social issues or personal health.

Obsessive-Compulsive Disorder

Obsessive-Compulsive Disorder (OCD) is an anxiety disorder characterized by uncontrollable, recurring thoughts (obsessions) and behaviors (compulsions) that the individual feels the urge to repeat over and over.

Mild Anxiety

A low level of anxiety that can act as a motivator or signal to pay attention, without significantly impairing daily function.

Trait Anxiety

A personality characteristic that denotes a tendency toward anxiety across various situations or over time.