Which one of the following is most likely to lead to a sustained increase in the long-run trend rate of economic growth?
A continuous expansion of consumer credit that boosts short-term aggregate demand
A sharp appreciation in the foreign exchange value of the domestic currency
Tax reforms that increase incentives for business investment and workforce training
A sustained reduction in both price inflation and capital investment
327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.