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What makes economic growth inclusive?
A
Growth whose benefits are widely shared, widening opportunity and reducing inequality.
B
Growth whose benefits are shared equally across all households, eliminating differences in income and wealth.
C
Growth whose benefits are concentrated among high-income households, widening opportunity gaps and increasing inequality.
D
Growth that raises total output, regardless of who receives the gains or whether inequality changes.
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9.2.5 inclusive economic growth Flashcards
25 flashcards on CIE Intl A Level Economics 9.2.5 inclusive economic growth: the key terms and definitions you need to recall.