Enable text based alternatives for graph display and drawing entry

Try another version of these questions

Question 1

Consider the following infomation in the table below.

Income (Y)Imports (M)
1000200
1140228
1280256
1420284

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

 

Hint


Question 2

Suppose that the level of income is $1000 and the tax rate is 0.3 %.

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

 

Hint