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Solutions

Why can real GDP growth fail to mean economic development?

A

GDP measures economic welfare directly, including income distribution and quality of life.

B

GDP growth always reduces poverty and raises every person's living standards.

C

GDP includes health, education, equality and freedoms, so growth guarantees development.

D

GDP can rise while health, education, poverty, equality or freedoms remain poor.

Solutions Flashcards

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

Flashcards for Eduqas A Level Economics Solutions, covering the key terms, economic models and case studies you need to recall for Component 1, Component 2 and Component 3. 24 cards, matched to the Eduqas A Level Economics (A520QS) specification.