Marginal propensity to import

 

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Marginal propensity to import

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



Similar Matches

Marginal propensity

Marginal propensity

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


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.


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.


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

Import propensity
Marginal propensity to save
Average propensity to import


 
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