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Aggregate demand and aggregate supply

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Question 13

Which of the following is most likely to cause an increase in the size of a country's national income multiplier?

An increase in the standard rate of value added tax (VAT)

A rise in the household saving ratio

A reduction in the basic rate of income tax

An increased propensity of consumers to purchase imported goods

Aggregate demand and aggregate supply Questions

  1. A Level
  2. /Economics
  3. /Aggregate demand and aggregate supply