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A-LevelEconomicsThe macroeconomy9708/32 · May/June 2020 · Q241 Mark

The diagram shows the equilibrium levels of national income in a closed economy with no government, at two levels of investment, I₁ and I₂. [Figure 24.1]

  1. (a)Which ratio gives the value of the multiplier? A TX/UZ B UZ/TX C UZ/XY D XY/UZ[1]

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Mark scheme

Marking points from the official mark scheme (May/June 2020). The mark or mark type is shown in brackets.

  1. [1] C

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About this question

Topic
The macroeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source
A-Level Economics, May/June 2020 Paper 3 Variant 2, question 24.

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