Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How is the marginal propensity to import calculated? The marginal propensity to import is equal to O A disposable income minus consumption expenditure minus saving

image text in transcribed

How is the marginal propensity to import calculated? The marginal propensity to import is equal to O A disposable income minus consumption expenditure minus saving divided by real GDP . B. the change in Imports divided by the change in real GDP, other things remaining the same OC Imports minus exports OD. the change in net imports divided by the change in disposable income, other things remaining the same

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions