A-LevelEconomicsThe macroeconomy9708/33 · May/June 2017 · Q201 Mark
What is the value of the multiplier in an economy with no government where the marginal propensity to save is 1/8 and the marginal propensity to import is 1/8?
- (a)What is the value of the multiplier in an economy with no government where the marginal propensity to save is 1/8 and the marginal propensity to import is 1/8? A 1/2 B 1 1/2 C 2 D 3[1]
Mark scheme
Marking points from the official mark scheme (May/June 2017). The mark or mark type is shown in brackets.
- [1] Answer: C
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