Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  3. Economics Edexcel A
  5. Question bank

2.4 National income

EasyMediumHard
123456789101112131415161718192021222324252627282930313233343536373839404142434445
Question 15

In 2023, the economy of Zendia has a marginal propensity to save (MPS) of 0.12, a marginal propensity to tax (MPT) of 0.18, and a marginal propensity to import (MPM) of 0.20. Calculate the value of the multiplier for Zendia. You are advised to show your working.

[2]

2.4 National income Questions

  1. A Level
  2. /Economics
  3. /2.4 National income