During the post-pandemic economic recovery in 2021, the European Commission launched the NextGenerationEU recovery plan worth €750 billion. Economists estimated that the fiscal multiplier across the Eurozone during this recovery period was approximately 1.2.
Which one of the following is an injection into the circular flow of income?
Savings
Taxation
Investment
Imports
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.