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A-LevelEconomicsMacroeconomic ModelsOct/Nov 2017Paper 3 Q211 Mark

The table shows the values of selected macroeconomic variables over a two-year period. year 1 ($m) year 2 ($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 value of the multiplier?

Q: What topic does this question test?

This question tests Macroeconomic Models in A-Level Economics (syllabus code 9708). It is worth 1 mark.

📋 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 Macroeconomic Models in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Oct/Nov 2017 examination, Paper 3 Variant 1.

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