Business, 14.10.2020 22:01 sriggins917

The government injects £500m into a project to build new houses. The rate of leakage from the circular flow is 10% saved, 20% taxed and 20% imports.

Calculate the size of the multiplier effect

Calculate the final increase in GDP

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The government injects £500m into a project to build new houses. The rate of leakage from the circul...

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