Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

(main)[20]

Evaluate the statement that economic growth can happen only when an economy is below full employment.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: The statement is too restrictive; growth can happen both below full employment and when full employment has been reached.

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