2.3.5.3a - Possible costs of growth: • opportunity costs • environmental costs • balance of trade
- Syllabus
- 2018
- Objective
- 2.3.5.3
- Level
- AS
Possible costs of growth:; opportunity costs; environmental costs; balance of trade deficits; increased inequality; inflation.
Use a - possible costs of growth: • opportunity costs • environmental costs • balance of trade to connect the rule to the data and decision in the question.
This matters because a - possible costs of growth: • opportunity costs • environmental costs • balance of trade determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.
Example: apply a - possible costs of growth: • opportunity costs • environmental costs • balance of trade to one small, clearly defined case, show the key step or comparison, and explain the result in words.
Boundary: a - Possible costs of growth: • opportunity costs • environmental costs • balance of trade is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.