Open with 2. The table below shows part of a country's national expenditure schedule in ($ billions).
$bn
100
120
140
160
180
200
220
National income (Y)
National Expenditure (E)
115
130
145
160
175
190
205
a.
What is the government expenditure multiplier? (assume that all expenditure in made on
domestically produced goods) (5mks)
Assume that full employment is achieved at a level of national income of $200 billion​