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

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Definitions:

Biological Nature

Refers to the inherent qualities and biological processes that define and regulate the life of an organism.

Ancestors' Success

The achievements or advancements made by previous generations, which can influence the opportunities or genetic makeup of current generations.

Anterior Cingulate Cortex

A part of the brain located in the frontal lobe that plays a crucial role in emotion formation and processing, decision making, empathy, impulse control, and focusing attention.

Amygdala

A part of the brain's limbic system involved in emotion regulation, especially fear and pleasure responses.