Suppose the Marginal Propensity to Import for Country a Is

question 95

Multiple Choice

Suppose the marginal propensity to import for country A is 0.4.Calculate the change in total value of imports of the country if national income increases by $100, 000.

• A)$16, 000
• B)$20, 000
• C)$60, 000
• D)$40, 000
• E)$25, 000

---

Definitions:

Bonus Plan

A compensation scheme that rewards employees beyond their regular salary, often based on performance metrics.