Try another version of these questions

Consider the following infomation in the table below.

Income (Y)Imports (M)
1400280
1640328
1880376
2120424

Given this data, what is Marginal Propensity to Import (MPI)?

 

Hint


Suppose that the level of income is $1400 and the tax rate is 0.1 %.

Given this data, what is the level of disposable income?

 

Hint