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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

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This structured question tests Fiscal Policy in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2019 examination, Paper 3 Variant 3.

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