Average propensity to import


 

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Average propensity to import

The fraction of total income spent on imports; thus the ratio of imports to GDP. Contrasts with marginal propensity to import.



Similar Matches

Import propensity

Import propensity

The marginal propensity to import (or sometimes the average propensity, if they are different).


Average propensity to consume

Average propensity to consume

The fraction of total (or perhaps disposable) income spent on consumption. Contrasts with marginal propensity to consume.


Marginal propensity to consume

Marginal propensity to consume

The fraction of a change in income (or perhaps disposable income) spent on consumption. Contrasts with average propensity to consume.


Marginal propensity

Marginal propensity

The fraction of a change in income devoted to an activity, such as consumption, importing, or saving. See propensity.


Propensity

Propensity

The extent to which an economic agent is inclined to use income for a particular purpose, such as the (marginal or average) propensity to import, or propensity to consume, measured as the fraction of income (or of a change in income, if marginal) devoted to such an activity.


Further Suggestions

Average propensity
Marginal propensity to save
Marginal propensity to import


 
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