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Economics · Oct / Nov 2019 · Paper 13 · Question 20

2281Economic growth

What is the most likely result of a sustained increase in Gross Domestic Product (GDP)?

  1. Aa decrease in living standards
  2. Ba decrease in the budget surplus
  3. Can increase in tax revenues
  4. Dan increase in unemployment

As printed in the paper

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Correct answer: C. an increase in tax revenues

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