Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  3. Economics OCR
  5. Question bank

The multiplier and the accelerator

EasyMediumHard
12345678910
Question 10

Use the information below to calculate the size of the national income multiplier.

Table 1: Economic Indicators for an Economy

IndicatorValue
Gini coefficient0.38
Marginal Propensity to Import (MPM)0.16
Marginal Propensity to Save (MPS)0.23
Marginal Rate of Taxation (MRT)0.15
Income elasticity of demand for imports1.45

0.54

1.85

2.56

4.35

The multiplier and the accelerator Questions

  1. A Level
  2. /Economics
  3. /The multiplier and the accelerator