
In a closed economy with no government sector the multiplier shows the impact of a change in?
Select ONE answer:
- consumption on investment.
- investment on national income.
- national income on consumption.
- national income on investment.
Show your workings to arrive at your answer, and explain and justify your reasons:
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This multiple-choice question is suitable for Economics KS4 and KS5 classes.
The answer is 2
- Not correct
- Correct
- Not correct
- Not correct
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