Edexcel A-level Economics A 9EC0 · 2.4.4c
Effects of the multiplier on the economy
- Code
- 2.4.4c
- In
- 2.4.4 The multiplier
- Topic
- 2 The UK economy – performance and policies
- Course
- A-level Economics A 9EC0
- Board
- Edexcel
Grade boundaries·Edexcel command words
Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.
Points in 2.4.4 The multiplier
- 2.4.4a The multiplier ratio
- 2.4.4b The multiplier process
- 2.4.4c Effects of the multiplier on the economy
- 2.4.4d Understanding of marginal propensities and their effects on the multiplier
- 2.4.4e Calculations of the multiplier using the formulae 1/(1-MPC) and 1/MPW, where MPW=MPS+MPT+MPM
- 2.4.4f The significance of the multiplier for shifts in AD