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2.4 National income

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Question 44

The table below shows economic data for a hypothetical nation.

Economic VariableValue (£ billion)
Increase in National Income180
Increase in Total Withdrawals45

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

A

0.250.250.25

B

1.331.331.33

C

0.750.750.75

D

4.04.04.0

Markscheme

2.4 National income Questions

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

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.

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