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Card 1 of 21

Economic development is broader than economic growth because it includes living standards and welfare, while economic growth means an increase in [     ].

A

potential GDP

B

real GDP per capita

C

nominal GDP

D

real GDP

Card 1 of 21

Obstacles Flashcards

  1. A Level
  2. /Economics
  3. /Obstacles

21 flashcards on Eduqas A Level Economics Obstacles: the key terms, economic models and case studies you need to recall for Component 1, Component 2 and Component 3.

Flashcards