O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2015 · Q171 Mark
Which statement about the meaning of government economic aims is correct?
AEconomic growth means that a country's real output must rise over time.
BFull employment means that no one must be unemployed.
CPrice stability means that the price of all goods and services must remain unchanged.
DRedistribution of income means that everyone must have equal incomes.
✓ Correct answer
A: Economic growth means that a country's real output must rise over time.
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill Government and the macroeconomy and see which topics are most likely to come up next.
Sign up free →