Spec 9EC0
Revise Edexcel A A Level Economics 2.4.4 The multiplier with the question bank, lessons, revision guides, and flashcards.
a) The multiplier ratio • b) The multiplier process • c) Effects of the multiplier on the economy • d) Understanding of marginal propensities and their effects on the multiplier: • the marginal propensity to consume (MPC) • the marginal propensity to save (MPS) • the marginal propensity to tax (MPT) • the marginal propensity to import (MPM)