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O-LevelEconomicsEconomic development2281/12 · May/June 2015 · Q271 Mark

Which combination of changes is most likely to result in a fall in living standards in a country?

AGDP: fall, inflation: fall, population: rise
BGDP: fall, inflation: rise, population: rise
CGDP: rise, inflation: fall, population: fall
DGDP: rise, inflation: rise, population: fall

✓ Correct answer

B: GDP: fall, inflation: rise, population: rise

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About this question

Topic
Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2015 Paper 1 Variant 2, question 27.

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