Quelpr
2 marksBasic Keynesian Models

CAPE Economics Unit 2 · 2006 · Paper 1 · Question 3(d)

Determine the equilibrium level of income.

This question uses a figure or table from the paper — you'll see it when you practise.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 3(a)Determine the level of autonomous consumption spending.[1 mark]
  2. 3(b)Determine the marginal propensity to consume.[1 mark]
  3. 3(c)Calculate the multiplier.[2 marks]

More practice: the rest of this paper · more Basic Keynesian Models questions · all CAPE Economics Unit 2 past papers