If the marginal propensity to import is 0.2, each additional dollar of national income adds ____ to planned
________.
A) 2 cents, exports
B) 2 cents, imports
C) 20 cents, exports
D) 20 cents, imports
Correct Answer:
Verified
Q24: An increase in the economy's stock of
Q25: Investment expenditure is considered to be part
Q26: If the MPC is 0.8 and if
Q27: If the autonomous consumption is 250 and
Q28: If the marginal propensity to import (MPZ)
Q30: The expression AE = C + I
Q31: Net exports will increase if imports _and
Q32: _ export expenditure decreases equilibrium output and
Q33: In an open economy, economy's net exports:
A)
Q34: Other things equal, serious recessions in Canada's
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents