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Question 20N.3.HL.TZ0.2e.i

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Date November 2020 Marks available [Maximum mark: 2] Reference code 20N.3.HL.TZ0.2e.i
Level HL Paper 3 Time zone TZ0
Command term Calculate Question number e.i Adapted from N/A
e.i.
[Maximum mark: 2]
20N.3.HL.TZ0.2e.i

An economist advises the government of Country A to spend $207 million on a new infrastructure project. She estimates that as a result, nominal GDP would increase by $828 million, ceteris paribus.

(e.i)

Calculate the estimated value of the multiplier used by the economist.

[2]

Markscheme

828/207

Any valid working is sufficient for [1].

= 4

An answer of 4 without workings is sufficient for [1].

For full marks to be awarded, the response must provide valid working with NO units.

Examiners report

Well-answered.

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