A country has increasing productivity and falling unemployment. What can be concluded from this information?

A.
Economic efficiency has increased.
B.
Interest rates have increased.
C.
Taxation has increased.
D.
The labour force has increased.
Economics
IGCSE&ALevel
CAIE
Exam No:9708_w24_qp_32 Year:2024 Question No:18

Answer:

A

Knowledge points:

4.4.1 meaning of economic growth
4.4.4 causes of economic growth

Solution:

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