Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

(a)[8]

Using an aggregate demand and aggregate supply diagram, explain how a fall in interest rates could generate economic growth and consider whether economic growth will always lead to inflation.

(b)[12]

Assess the extent to which economic growth is always desirable for an economy.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: AO1: A secure grasp of the meaning of economic growth.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI