Card 1 of 20
How can higher consumer spending cause economic growth?
A
Higher imports raise aggregate demand, increasing real output when spare capacity exists.
B
Higher taxation raises aggregate demand, increasing real output when spare capacity exists.
C
Higher saving raises aggregate demand, increasing real output when spare capacity exists.
D
Higher consumer spending raises aggregate demand, increasing real output when spare capacity exists.
Card 1 of 20
4.4.4 causes of economic growth Flashcards
20 flashcards on CIE Intl A Level Economics 4.4.4 causes of economic growth: the key terms and definitions you need to recall.