100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
2.4- National Income- A level Economics Edexcel Exam Questions £2.99   Add to cart

Exam (elaborations)

2.4- National Income- A level Economics Edexcel Exam Questions

 15 views  0 purchase

Memorsing content can only take you so far, so use exam questions effectively to prepare yourself for the actual exam. This document will help you do so, it contains exam questions for this spec point. [A Level Economics Edexcel A, Exam Questions]

Preview 2 out of 12  pages

  • August 12, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Only questions
All documents for this subject (137)
avatar-seller
EconomicsNoteAndExamQuestions
Head to savemyexams.co.uk for more awesome resources




2.4 National Income
Question Paper




Course Edexcel A Level Economics A
Section 2. The UK Economy – Performance & Policies
Topic 2.4 National Income
Difficulty Medium




Time allowed: 90
Score: /73
Percentage: /100




Page 1 of 12

© 2015-2023 Save My Exams, Ltd. · Revision Notes, Topic Questions, Past Papers

, Head to savemyexams.co.uk for more awesome resources

Question 1a
The planned investment in the redevelopment of Dover Port will cost £115 million. The Chief Executive said it will lead to many
‘new job opportunities for local people and a transformed waterfront experience’ with new cafés, bars, and shops.
(Source adapted from: https://www.kentonline.co.uk/dover/news/docklands‑redevelopment‑work‑to‑start‑118581/)

(a)
If the value of the multiplier is 8, which one of the following will be the total increase in GDP from the redevelopment,
assuming other things are equal?
A. £64 million
B. £115 million
C. £207 million
D. £230 million
[1 mark]



Question 1b
(b)
Using the example above, explain how the multiplier process leads to an increase in aggregate demand.
[4 marks]




Page 2 of 12

© 2015-2023 Save My Exams, Ltd. · Revision Notes, Topic Questions, Past Papers

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller EconomicsNoteAndExamQuestions. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £2.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75619 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£2.99
  • (0)
  Add to cart