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O-LevelEconomicsEconomic development2281/11 · May/June 2017 · Q201 Mark

A newspaper reported that a country's economy had grown by 3% during the last year. What must have increased in that year?

Acosts of production
Bgross domestic product
Cunemployment
Dwage levels

✓ Correct answer

B: gross domestic product

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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 2017 Paper 1 Variant 1, question 20.

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