Skip to content

Course home

Sign up

Card 1 of 29

What must increase for an economy to experience economic growth?

A

Unemployment increases over time, usually as % change in the unemployment rate.

B

Nominal output increases over time, usually as % change in nominal GDP.

C

Average prices increase over time, usually as % change in the price level.

D

Real output increases over time, usually as % change in real GDP.

Card 1 of 29

2.5.1 Causes of growth Flashcards

  1. A Level
  2. /Economics
  3. /2.5.1 Causes of growth

29 flashcards on Edexcel A A Level Economics 2.5.1 Causes of growth: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

Flashcards