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Economic growth

[     ] is an increase in the output of goods and services over time, usually measured by growth in [     ].

A

Economic growth is an increase in the output of goods and services over time, usually measured by growth in GDP per capita.

B

Economic development is an increase in the output of goods and services over time, usually measured by growth in real GDP.

C

Economic growth is an increase in the output of goods and services over time, usually measured by growth in nominal GDP.

D

Economic growth is an increase in the output of goods and services over time, usually measured by growth in real GDP.

Economic growth Flashcards

  1. GCSE
  2. /Economics
  3. /Economic growth

Flashcards for OCR GCSE Economics Economic growth, covering the key terms, formulae and calculations you need to recall for Component 01 and Component 02. 24 cards, matched to the OCR GCSE Economics (J205) specification. Recall questions account for roughly 35% of marks at GCSE Economics, so these target the marks you can secure before the paper starts.

Flashcards