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

Question

Quizplus · Accepted Answer

The marginal propensity to import is defined as the change in imports divided by the change in real GDP that brought it about, holding other factors constant.

The Marginal Propensity to Import Is Equal to ________