Economic growth
4.4What the syllabus asks of you
- meaning of economic growth
- measurement of economic growth
- distinction between growth in nominal GDP and real GDP
- causes of economic growth
- consequences of economic growth
Drill this topic
Every question on Economic growth, untimed, marked as you go.
Make a worksheet
Choose the years and how many questions, then print it with the answers on separate pages.
35 questions
1May / June 2026 · Paper 11 · Q17Show mark scheme →
AReal GDP decreased by approximately 5%.
BReal GDP decreased by approximately 10%.
CReal GDP increased by approximately 5%.
DReal GDP increased by approximately 10%.
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2May / June 2026 · Paper 13 · Q18Show mark scheme →
Anominal GDP × (price index in base year / price index in current year)
Bnominal GDP × (price index in current year / price index in base year)
Cprice index in current year × (nominal GDP / price index in base year)
Dprice index in current year × (price index in base year / nominal GDP)
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3May / June 2026 · Paper 31 · Q30Show mark scheme →
A0%
B2%
C4%
D6%
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4May / June 2026 · Paper 33 · Q30Show mark scheme →
A0%
B2%
C4%
D6%
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5Oct / Nov 2025 · Paper 11 · Q17Show mark scheme →
AReal GDP fell by approximately 5%.
BReal GDP fell by approximately 10%.
CReal GDP rose by approximately 5%.
DReal GDP rose by approximately 10%.
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6Oct / Nov 2025 · Paper 12 · Q20Show mark scheme →
Ato improve living standards
Bto improve business confidence
Cto increase inflationary pressures
Dto increase consumer choice
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7Oct / Nov 2025 · Paper 12 · Q25Show mark scheme →
Ahigh levels of pollution
Blarge deficit on the current account of the balance of payments
Clarge deficit in the government's budget balance
Dmore congestion on the roads
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8Oct / Nov 2025 · Paper 13 · Q18Show mark scheme →
Anominal GDP 0, general price level −2
Bnominal GDP 0, general price level +2
Cnominal GDP +2, general price level −2
Dnominal GDP +2, general price level +2
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9Oct / Nov 2025 · Paper 33 · Q26Show mark scheme →
AGDP rises, population falls, general price level falls
BGDP rises, population falls, general price level rises
CGDP rises, population rises, general price level falls
DGDP rises, population rises, general price level rises
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10May / June 2025 · Paper 11 · Q16Show mark scheme →
ANominal GDP rising faster than nominal income.
BNominal GDP rising faster than the rate of inflation.
CThe rate of inflation rising faster than aggregate demand.
DThe rate of inflation rising faster than nominal income.
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11May / June 2025 · Paper 13 · Q20Show mark scheme →
Aa fall in the price of raw materials
Ba rise in youth unemployment
Ca worsening current account balance
Dreduced demand-pull inflationary pressures
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12Oct / Nov 2024 · Paper 11 · Q18Show mark scheme →
Aif government takes action to ensure there is no increase in unemployment
Bif inflation during the year is 3%
Cif there is no increase in real national income
Dif there is no redistribution of income
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13Oct / Nov 2024 · Paper 32 · Q18Show mark scheme →
AEconomic efficiency has increased.
BInterest rates have increased.
CTaxation has increased.
DThe labour force has increased.
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14Oct / Nov 2024 · Paper 32 · Q21Show mark scheme →
Abalance of payments surplus
Bhigher employment
Clower inflation
Dstronger exchange rate
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15Oct / Nov 2024 · Paper 33 · Q27Show mark scheme →
Aa decrease of 1%
Ba decrease of 2%
Can increase of 1%
Dan increase of 2%
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16May / June 2024 · Paper 13 · Q18Show mark scheme →
Adeteriorating balance of payments
Bhigher inflation
Chigher unemployment
Dincreased pollution
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17Feb / March 2024 · Paper 12 · Q15Show mark scheme →
AInflation reduced the real value of GDP in the first six months of 2021.
BReal GDP was lower at the end of 2021 than 2020.
CThe economy was in recession at the end of the first six months of 2021.
DThe standard of living was higher at the end of 2021 than in 2020.
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18Feb / March 2024 · Paper 32 · Q19Show mark scheme →
AReal income decreased by 2% per head.
BReal income increased by 1% per head.
CReal income increased by 4% per head.
DThere was no change in real income per head.
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19Oct / Nov 2023 · Paper 11 · Q23Show mark scheme →
Arate of change of national output 0, rate of change of general price level -2
Brate of change of national output 0, rate of change of general price level +2
Crate of change of national output +2, rate of change of general price level 0
Drate of change of national output +2, rate of change of general price level +2
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20Oct / Nov 2023 · Paper 32 · Q29Show mark scheme →
Aeconomic growth: Namibia only; economic development: Namibia only
Beconomic growth: Spain only; economic development: Namibia and Spain
Ceconomic growth: Spain only; economic development: neither country
Deconomic growth: neither country; economic development: Spain only
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21Oct / Nov 2023 · Paper 33 · Q19Show mark scheme →
AAllow more immigration of labour.
BEncourage women to leave work to have more children.
CIncrease research in technology to improve labour productivity.
DTax the labour force more to pay for the increasing number of pensions.
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22May / June 2023 · Paper 12 · Q20Show mark scheme →
Aexchange rates
Bchanges in the price level
Cinterest rates
Dtaxation
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23May / June 2023 · Paper 12 · Q30Show mark scheme →
Aa change in technology that maintains the same level of output
Ban increase in economic efficiency through higher productivity of factor inputs
Ca policy of progressive taxation to reduce inequalities
Da rise in the size of the working population due to immigration
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24May / June 2023 · Paper 13 · Q18Show mark scheme →
A2011
B2012
C2013
D2014
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25May / June 2023 · Paper 13 · Q20Show mark scheme →
A$4.76 billion
B$5 billion
C$476 billion
D$550 billion
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26May / June 2023 · Paper 13 · Q24Show mark scheme →
Aadditional controls on commercial banks’ lending
Brelaxation of rules for immigration of adult population
Cremoval of trade barriers on import of raw materials
Dtraining and education of workforce
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27May / June 2023 · Paper 32 · Q30Show mark scheme →
Aan expansion of the range of economic choices available to individuals
Ban increase in Gross Domestic Product
Cthe eradication of absolute poverty
Dthe satisfaction of basic needs amongst the whole population
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28Feb / March 2023 · Paper 12 · Q29Show mark scheme →
Acannot tell | positive
Bdeclining | cannot tell
Cpositive | declining
Drising | negative
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29Oct / Nov 2022 · Paper 31 · Q18Show mark scheme →
AGreater production could result in greater atmospheric pollution.
BA higher level of income could cause a higher balance of trade deficit.
CIncreased AD could cause domestic inflation to increase.
DIncreased GDP could generate greater tax receipts.
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30Oct / Nov 2022 · Paper 32 · Q19Show mark scheme →
AReal GDP adjusts for price changes by using a base year.
BReal GDP ignores the effects of fluctuations in exchange rates on purchasing power.
CReal GDP includes changes in the size of the population.
DReal GDP measures GDP at factor cost rather than market prices.
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31Oct / Nov 2022 · Paper 32 · Q26Show mark scheme →
Aaverage price level falls, total output rises, total population falls, Gini coefficient rises
Baverage price level falls, total output rises, total population no change, Gini coefficient falls
Caverage price level rises, total output falls, total population falls, Gini coefficient rises
Daverage price level rises, total output rises, total population rises, Gini coefficient rises
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32May / June 2022 · Paper 11 · Q20Show mark scheme →
ANominal output and real output increased at the same rate.
BNominal output rose at a faster rate than real output.
CNominal output rose at an increasing rate.
DReal output rose at a constant rate.
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33Feb / March 2022 · Paper 32 · Q18Show mark scheme →
AAs countries became industrialised, economic growth led to a fall in hours worked, as well as a rise in real incomes.
BChina had a huge rise in real GDP per head in the last 20 years but there was a decrease in air quality in urban areas.
CEconomic growth in high-income countries has seen childhood obesity increase, but has also seen increased resources devoted to its treatment.
DThe 1990s saw a significant rise in real GDP per head in the US with only a relatively small increase in the Gini coefficient during the same period.
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34Oct / Nov 2021 · Paper 32 · Q18Show mark scheme →
AEconomic growth creates costs as well as benefits.
BLong-term economic growth is measured by calculating the percentage increase in GDP for one year.
CShort-term economic growth can be represented by a shift from a point within a production possibility curve to a point on the curve.
DSustainable economic growth is growth that does not reduce the resources available to future generations.
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35Oct / Nov 2021 · Paper 33 · Q24Show mark scheme →
AW experienced the highest rate of real economic growth.
BX and Z experienced deflation.
CY experienced the greatest rise in the standard of living.
DZ experienced the greatest growth in public debt.
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