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O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2018 · Q201 Mark

Economic growth is usually measured by the annual change in

Aconsumer spending.
Bgross domestic product.
Cthe output of the manufacturing and construction industries.
Dthe retail price index (RPI).

✓ Correct answer

B: gross domestic product.

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2018 Paper 1 Variant 2, question 20.

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