Specification point 2.4.2 · Theme 2

Injections and withdrawals

National income · The UK economy – performance and policies

Revise this topic

Questions tagged to this specification point

4 questions

Essay questions

Long-form evaluation and discussion

No essay questions tagged to this point yet.

Data-response questions

Questions built around exam extracts

No data-response questions tagged to this point yet.

Short-answer questions

Focused calculations, explanations and diagrams

AS Paper 2, June 2019, Q1(a)Short answerDefine

1 mark

ContextIt is estimated that building a second runway at Gatwick airport will require an investment of £9.3 billion. The total increase in UK GDP as a result of this injection is expected to be around £44.1 billion.

Define the term ‘injection’ in this context.

2.4.2 · Injections and withdrawals

Injections and withdrawals revision notes

Question paper Mark scheme Examiner report

Multiple-choice questions

Quick checks of economic understanding

A-level Paper 2, June 2022, Q1(b)Multiple choice

1 mark

ContextAccording to the Bank of England, the UK’s marginal propensity to consume is estimated to be 0.64.

Which one of the following is an injection into the circular flow of income?

AImports

BInvestment

CSavings

DTaxation

Learn this question

Open a video explanation without leaving the question.

2.4.2 · Injections and withdrawals

Injections and withdrawals revision notes

Question paper Mark scheme Examiner report

A-level Paper 2, November 2021, Q1(a)Multiple choice

1 mark

ContextAfter 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.

Which one of the following is a withdrawal from the circular flow of income?

AExports

BGovernment spending

CInvestment

DTaxation

Learn this question

Open a video explanation without leaving the question.

2.4.2 · Injections and withdrawals

Injections and withdrawals revision notes

Question paper Mark scheme Examiner report

AS Paper 2, June 2016, Q1(b)Multiple choice

1 mark