The government of Mariton will pay half the cost when firms replace old production equipment with newly developed machinery. The replacement machinery releases fewer emissions during production than the equipment it replaces.
Evaluate whether paying half the cost of the replacement machinery is likely to give Mariton economic growth that can be sustained.
78 exam-style questions on OCR GCSE Economics 3.1 Economic growth, covering 3.1.1 What is economic growth, 3.1.2 Calculate economic growth using GDP, 3.1.3 Explain how growth is measured, 3.1.4 Analyse GDP data, 3.1.5 Determinants of economic growth, and 3.1.6 Costs and benefits of economic growth. Each one has a worked solution and a mark scheme showing where the marks go.