Economics (AS & A Level) · May / June 2023 · Paper 12 · Question 30

Economic growth leads to increased levels of income and consumption per capita for the adult population. Which circumstances are needed for this to happen in an economy?

1. Aa change in technology that maintains the same level of output
2. Ban increase in economic efficiency through higher productivity of factor inputs
3. Ca policy of progressive taxation to reduce inequalities
4. Da rise in the size of the working population due to immigration

As printed in the paper