AS Paper 2, June 2024The UK Economy – Performance and Policies
AS Paper 2, June 2024, Q2(c)
Using the above data, which one of the following represents the value of the multiplier?
Multiple choice1 mark
Context
In 2019 the marginal propensity to consume in the UK was estimated to be 0.8.
A0.2
B0.8
C1.3
D5.0