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2.5.4 The impact of economic growth

MediumHard
123
Question 1

With reference to the table, explain one likely benefit of economic growth to firms.

Table: Canada Real GDP growth rate (%), Q1 2021 to Q3 2023

QuarterGDP Growth Rate (%)
Q1 20211.2
Q2 2021-0.8
Q3 20211.9
Q4 20211.5
Q1 20220.8
Q2 20221.1
Q3 20220.3
Q4 2022-0.1
Q1 20230.6
Q2 20230.2
Q3 20231.4
[3]

2.5.4 The impact of economic growth Questions

  1. A Level
  2. /Economics
  3. /2.5.4 The impact of economic growth