Skip to content
MathsGenie logo
Open app

Course home

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

2.4 National income

EasyMediumHard
123456789101112131415161718192021222324252627282930313233343536373839404142434445
Question 37

An economy receives an initial fiscal injection of £8.5 billion from a government-funded digital infrastructure project. The marginal propensity to consume (MPC) in this economy is estimated to be 0.6.

Calculate the total final increase in aggregate demand as a result of this policy, assuming no other changes.

[2]

2.4 National income Questions

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