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Question Practice

What does the marginal propensity to import (m) indicate?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Open Economy Macroeconomics
Question Bank

What does the marginal propens...

Single Answer MCQ
Q-00089211

What does the marginal propensity to import (m) indicate?

1

The fraction of income spent on domestic goods

2

The fraction of income spent on foreign goods

3

Total income from exports

4

Total income from imports

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