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EnglandEconomicsQuick questions
Macroeconomics: Macroeconomic objectives and indicators
Quick questions on Economic growth and the business cycle - Eduqas A-Level Economics (A520)
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Distinguish between actual (short-run) and potential (long-run) economic growth. [4 marks]
What is q2?Show answer
Explain why GDP per capita is a better measure of living standards than total GDP. [4 marks]
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