Use the figure to answer the question.  The income expenditure multiplier equalsGroup of answer choices0.5624

If the marginal propensity to save is 0.35. What is the size of the expenditure multiplier?Provide answer to one decimal point.

Which of the following is part of the expenditure approach to measuring national income?Multiple choice question.RentWagesInvestmentProfits

Most cast iron is converted into steel, as shown in Figure 3.Describe how cast iron is converted into steel. Use Figure 3 to help you to answer this question.

Use the following figure to answer the question below. The marginal utility of the third unit of X isMultiple Choice15 utils.2 utils.4 utils.5 utils.

(c) Prepare the revised income and expenditure account for the year ended 31 December 2021.[12]