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A-LevelEconomicsMacroeconomic ModelsMay/June 2017Paper 3 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?

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The correct answer is . This question tests the candidate's understanding of macroeconomic models within the Economicssyllabus. The examiner's mark scheme requires...

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About This A-Level Economics Question

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

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