2 marksMacroeconomic Problems: Growth, Inflation, Unemployment, and Trade Unions

CSEC Economics · May/June 2008 · Paper 2 · Question 4(a)

Define the term 'standard of living'.

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4(b)List THREE factors that may impact on the economic growth of a country.[3 marks]
4(c)Calculate the Gross Domestic Product (GDP) of Country X.[4 marks]
4(d)Discuss TWO ways in which a government can use fiscal policy to promote economic growth.[6 marks]

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