A-level Paper 2, November 2020The National and Global Economy
A-level Paper 2, November 2020, Q2(a)
If the value of the multiplier is 1.8, which one of the following will be the total increase in GDP from the redevelopment, assuming other things are equal?
Multiple choice1 mark
Context
The planned investment in the redevelopment of Dover Port will cost £115 million. The Chief Executive said it will lead to many ‘new job opportunities for local people and a transformed waterfront experience’ with new cafés, bars, and shops.
A£64 million
B£115 million
C£207 million
D£230 million
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