Danho

Paper 1 · June 2009 · National Income and Economic Growth

The economic growth of a country may be deduced from an increase in its

Atotal wage bill
Bper capita output
Cyield from taxation
Dgeneral level of prices

Explanation

Growth means more goods and services available for each person, so it shows in output per head. A rising wage bill or a rising tax yield can be pure inflation with no extra output, and a rising general price level is inflation by definition.

ZIMSEC Economics Paper 1, June 2009, Q28

View this paper's sittings and topics→

More questions from this paper

Get the full paper, not just one question

Danho has every sitting for this paper, with your progress tracked question by question, offline.