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O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2016 · Q231 Mark

What must result when a country experiences economic growth?

Ahigher Gross Domestic Product
Blower rate of inflation
Csurplus on the balance of trade
Dan improved standard of living for everybody

✓ Correct answer

A: higher 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, May/June 2016 Paper 1 Variant 1, question 23.

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