1. A decrease in the marginal propensity to import will _________ the multiplier for investment spending. 2. The _________ is positive because consumers import more goods and services as income rises....


1. A decrease in the marginal propensity to import will _________ the multiplier for investment spending.


2. The _________ is positive because consumers import more goods and services as income rises.


3. Use the income-expenditure graph to illustrate how an increase in exports will affect GDP.


4. If the marginal propensity to import is 0.2, then a $1,000 increase in income will increase imports by _________.



May 09, 2022
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