Investment increases and real GDP grows, but pollution, congestion and regional income differences also increase. Which assessment is best?
Growth has no social consequences because output is higher
The increase in investment proves growth is sustainable
Higher output may bring jobs and tax revenue, but its overall value depends on the social and environmental costs
GDP must have been measured incorrectly because not everyone benefits
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.