Note AcademyNote Academy

Economics · May / June 2022 · Paper 12 · Question 20

2281Economic growth

What is identified as economic growth?

  1. Aa fall in labour productivity
  2. Ban increase in the productive capacity of the economy
  3. Can increase in the Consumer Prices Index (CPI)
  4. Dthe economy enters a period of recession

As printed in the paper

Show the answer

Correct answer: B. an increase in the productive capacity of the economy

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.