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A-LevelEconomicsFiscal PolicyMay/June 2019Paper 3 Q241 Mark

The table shows the values of selected macroeconomic variables over a period. year 1 year 2 ($m) ($m) investment 200 220 saving 180 190 exports 100 110 imports 120 140 government expenditure 150 160 taxation 150 160 equilibrium national income 1800 2000 What is the value of the multiplier? A 2 B 4 C 5 D 10

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The correct answer is . This question tests the candidate's understanding of fiscal policy within the Economicssyllabus. The examiner's mark scheme requires...

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About This A-Level Economics Question

This structured question appeared in the Cambridge A-Level Economics (9708) May/June 2019 examination, Paper 3 Variant 3. It tests the topic of Fiscal Policy and is worth 1 mark.

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