The fraction of total income spent on imports; thus the ratio of imports to GDP. Contrasts with marginal propensity to import.
Related information about average propensity to import:
- Average Propensity to Import financial definition of Average ...
The amount of money a person spends on imports as a percentage of total income. For example, if one makes $50,000 and spends $10,000 on imported goods, ...
- International Economics Glossary: A
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.
- What is average propensity to import? definition and meaning
Definition of average propensity to import: The fraction of total income spent on imports; thus the ratio of imports to GDP. Contrasts with marginal propensity to ...
- PROPENSITY TO IMPORT, MARGINAL (Social Science)
The concept of the marginal propensity to import is related to the concept of the average propensity to import, which is equal to the ratio of total import to total ...
- A Note on the Demand for International REserves - UCLA Economics
an openness variable (the average propensity to import - m), and a payments. 6/ variability term (0) .-— Then, the demand function for international reserves ...
- Comparative Study: Factors that Affect Foreign Currency Reserves ...
balance, API is the average propensity to import, and. ER is the exchange rate. A more detailed explanation of each explanatory variable follows. A. Reserves (R) ...
- Definition of propensity | Collins English Dictionary
The average propensity to import (APM) is given by: total imports total income. Pass, Christopher, Lowes, Bryan Collins Dictionary of Economics. The propensity ...
- In the Keynesian system, how is the economy brought into - Siilats
In the same way there is also average propensity to save (APS), average rate of tax (ART) and average propensity to import and export. Their sum must equal to ...