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hi there hereamp;#39;s a macro question as part of our series of revision multiple choice questions we take a single topic ask a question have a go at it yourself we then give you the right answer and the correct explanation so hereamp;#39;s our question this time itamp;#39;s about the simple multiplier effect weamp;#39;re told we have a closed economy with no government and weamp;#39;re told the equilibrium level of gdp is 22 billion but the full employment level of gdp is 25 billion extra information weamp;#39;re given is that the to docHub full employment at 25 billion would require an injection of 1 billion what can we deduce from that information this is your chance to have a go at the question press the pause button when youamp;#39;re ready iamp;#39;ll be back in a few seconds with the right answer okay how did you get on with this question the right answer to this question is itamp;#39;s b the marginal propensity to consume is two-thirds letamp;#39;s look through the in
