The change in import spending due to a change in domestic real income is called:

A) marginal propensity to save.
B) marginal propensity to consume.
C) marginal propensity to import.
D) none of the above.

C

Economics

You might also like to view...

Which of the following will improve your salary bargaining position

a. Wait until the large project you were integral to is completed b. Wait until your employer has hired many others with similar skills as yours' c. Wait until your employer has invested greatly into the long-term project you lead d. At the very outset of a project that you will lead

Economics

_____ refers to the situation faced by an insurance plan whose costs steadily increase as worse risks migrate toward it and better risks migrate away

a. Adverse selection b. Lemons problem c. Moral hazard d. Death spiral

Economics