A-level Paper 2, June 2017The National and Global Economy

A-level Paper 2, June 2017, Q2(b)

Explain the likely effect of a fall in the marginal propensity to save on the value of the multiplier if other things remain equal.

Short answerExplain2 marks

Context

The table below shows marginal propensity to save data for an economy. Marginal propensity Year to save (mps)

Learn this question

Open a video explanation without leaving the question.

Specification topics

The multiplier

Revision notes

Question paperMark schemeExaminer report
View all questions in this paper
Question text © Pearson Edexcel, quoted for students' private study. Open the official papers and mark schemes from the links on each question.