The table below shows the changes in key macroeconomic variables for an open economy over a fiscal year.
| Economic Variable | Change (£ billion) |
|---|---|
| National Income | +400 |
| Savings | +30 |
| Tax Revenues | +50 |
| Spending on Imports | +20 |
Using this data, which one of the following represents the value of the multiplier for this economy?
0.250.250.25
4.04.04.0
5.05.05.0
13.3313.3313.33
75 exam-style questions on Edexcel A A Level Economics 2.4 National income, covering 2.4.1 National income, 2.4.2 Injections and withdrawals, 2.4.3 Equilibrium levels of real national output, and 2.4.4 The multiplier. Each one has a worked solution and a mark scheme showing where the marks go.