A-level Paper 2, November 2020The National and Global Economy
A-level Paper 2, November 2020, Q2(b)
Using the example above, explain how the multiplier process leads to an increase in aggregate demand.
Short answerExplain4 marks
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.
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