A-LevelEconomicsThe macroeconomy9708/12 · May/June 2023 · Q301 Mark

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?

Achange in technology that maintains the same level of output

Ban increase in economic efficiency through higher productivity of factor inputs

Cpolicy of progressive taxation to reduce inequalities

Drise in the size of the working population due to immigration

✓ Correct answer

B: an increase in economic efficiency through higher productivity of factor inputs

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2023 Paper 1 Variant 2, question 30.

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