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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?

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About This A-Level Economics Question

This structured question appeared in the Cambridge A-Level Economics (9708) Oct/Nov 2017 examination, Paper 3 Variant 1. It tests the topic of Macroeconomic Models and is worth 1 mark.

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