O-LevelEconomicsGovernment and the macroeconomy2281/12 · May/June 2023 · Q211 Mark
The table shows real GDP in US$ billion for a country over a three-year period. [Table showing 'year' vs 'real GDP US$ billion'. Data: year 1 (205), year 2 (215), year 3 (219)]. What does the GDP data indicate for the country between year 1 and year 3?
Areduction in the rate of inflation
Ban increase in the rate of economic growth
Cthe existence of economic growth
Dthe existence of economic growth per capita
✓ Correct answer
C: the existence of economic growth
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