2.1 - Economic Growth
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Practice Questions
Test your understanding with targeted questions
Define economic growth in your own words.
💡 Hint: Consider what it means for the overall economy.
What is GDP?
💡 Hint: Think of it as a measure of economic size.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What does economic growth measure?
💡 Hint: Think about the focus of economic indicators.
True or False: Nominal GDP is always greater than Real GDP.
💡 Hint: Reflect on how inflation impacts these measurements.
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Challenge Problems
Push your limits with advanced challenges
Analyze a scenario where a country has a growing GDP but worsening inequality. Discuss the implications this may have for economic policies.
💡 Hint: Consider how economic policies can alter growth impacts.
Propose ways a government may stimulate GDP growth and discuss potential risks of these actions.
💡 Hint: Think about short vs. long-term effects.
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