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Economics (AS & A Level) · Feb / March 2022 · Paper 32 · Question 27

9708The circular flow of income

In a closed economy with no government sector, the multiplier shows the impact of a change in

  1. Aconsumption on investment.
  2. Binvestment on national income.
  3. Cnational income on consumption.
  4. Dnational income on investment.

As printed in the paper

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Correct answer: B. investment on national income.

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