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O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2024 · Q171 Mark

What will cause real GDP to rise in a country?

Anominal GDP rising at a faster rate than employment
Bnominal GDP rising faster than inflation
Cnominal GDP rising faster than the population
Dnominal GDP rising

✓ Correct answer

B: nominal GDP rising faster than inflation

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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 2024 Paper 1 Variant 2, question 17.

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