It is estimated that constructing a major new offshore wind farm in the North Sea will require an initial investment injection of £8.4 billion.
The total increase in UK GDP as a result of this injection is expected to be around £29.4 billion.
Calculate the value of the multiplier based on the data given. You are advised to show your working.
43 exam-style questions on Edexcel A A Level Economics 2.4.4 The multiplier. Each one has a worked solution and a mark scheme showing where the marks go.