Question: s question In the table given below Y represents the aggregate expenditure of the economy on C = consumption, I = investment, G = government
s question
In the table given below Y represents the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports. Table 9.3 Aggregate Expenditures C G X 50 $50 $75 $150 $40 $150 $125 $75 $150 $10 $300 $200 $75 $150 $20 $450 $275 $75 $150 -$50 $600 $350 $75 $150 $80 According to Table 9.3, what is the marginal propensity to import? O a. -0.50 O b. -0.80 O c. 0.75 O d. -0.20 O e. 0.40Step by Step Solution
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