Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

The table presents the figures for a chosen set of macroeconomic variables across a two-year span. first year ($m) second year ($m) investment 250 350 saving 280 340 government expenditure 150 200 taxation 140 200 exports 200 250 imports 180 260 equilibrium national income 3600 4200 What is the multiplier value?

  • A3
  • B4
  • C6
  • D12

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