A-level Paper 2, November 2021The National and Global Economy
A-level Paper 2, November 2021, Q1(a)
Which one of the following is a withdrawal from the circular flow of income?
Multiple choice1 mark
Context
After the Global Financial Crisis of 2008, the US President introduced expansionary fiscal policies of $800 billion. The International Monetary Fund estimated that the multiplier at the time was approximately 1.5.
AExports
BGovernment spending
CInvestment
DTaxation
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