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Economics · May / June 2021 · Paper 12 · Question 21

2281Economic growth

Economic growth can be defined as

  1. Aa reduction in a country's rate of inflation.
  2. Ban increase in a country's exports.
  3. Can increase in a country's population.
  4. Dan increase in a country's productive capacity.

As printed in the paper

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Correct answer: D. an increase in a country's productive capacity.

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