O-LevelEconomicsEconomic development2281/11 · May/June 2021 · Q211 Mark

Economic growth can be defined as

Areduction in a country's rate of inflation.

Ban increase in a country's exports.

Can increase in a country's population.

Dan increase in a country's productive capacity.

✓ Correct answer

D: an increase in a country's productive capacity.

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Topic: Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2021 Paper 1 Variant 1, question 21.

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