O-LevelEconomicsGovernment and the macroeconomy2281/11 · Oct/Nov 2011 · Q251 Mark

What is a long-term advantage of economic growth?

Aemployment falls

Bincomes rise

Cprices rise

Dsavings fall

✓ Correct answer

B: incomes rise

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2011 Paper 1 Variant 1, question 25.

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