Economic Growth and Sustainability

Evaluate how a country might increase its potential economic growth.

Economic growth can only occur when an economy is below full employment.

Evaluate this statement.

With the help of a diagram, evaluate the effectiveness of using monetary policy to increase the rate of economic growth in a country.

Evaluate whether an increase in a government's budget deficit will always lead to economic growth.

In many countries increased government spending is regarded as a cause of economic growth. It is sensible, therefore, for a government to spend more to increase economic growth as it is good for its country.

To what extent do you agree with this argument?

In many countries increased government spending is regarded as a cause of economic growth. It is sensible, therefore, for a government to spend more to increase economic growth as it is good for its country.

To what extent do you agree with this argument?

Between 2010 and 2020, very low interest rates encouraged low-income countries to borrow money from foreign investors and governments to finance long-term economic growth.

Evaluate this approach to promoting long-term economic growth.

To what extent do you agree that an increase in productivity will lead to a higher standard of living in low-income countries?

Consider the extent to which the depreciation of its foreign exchange rate contributes to the economic growth of a low-income country.

To what extent do you agree that an increase in productivity will lead to a higher standard of living in low-income countries?