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2.4.4 The multiplier

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Question 17

The table below shows economic data for a hypothetical nation.

Economic VariableValue (£ billion)
Increase in Disposable Income50
Increase in Household Consumption30

Using this data, which one of the following represents the value of the multiplier?

0.6

1.67

2.5

4.0

2.4.4 The multiplier Questions

  1. A Level
  2. /Economics
  3. /2.4.4 The multiplier