Practise analysing short-run and long-run growth causes such as investment, productivity, technology, human capital, labour, resources, exports and demand-side policy.
Economic growth leads to increased levels of income and consumption per capita for the adult population.
Which circumstances are needed for this to happen in an economy?
a change in technology that maintains the same level of output
an increase in economic efficiency through higher productivity of factor inputs
a policy of progressive taxation to reduce inequalities
a rise in the size of the working population due to immigration
B