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2.5 Economic growth

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Question 24

Commonwealth of Zephyria real GDP, 2021–2023

YearAnnual percentage change on previous yearTotal (Zephyrian Pounds, Z£ billions)
20213.4%1,250
2022–5.2%1,185
2023*1.1%

*2023 figures are forecast

Explain one likely economic cost of Zephyria's real GDP falling by 5.2% in 2022.

[2]

2.5 Economic growth Questions

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