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

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 to save

Marginal propensity to save

The fraction of a change in income (or perhaps disposable income) that is saved.


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.


Average propensity

Average propensity

The fraction of total income spent on an activity, such as consumption or imports. See propensity.


Further Suggestions

Propensity
Marginal propensity
Marginal propensity to import


 
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