Day: May 13, 2023

A country’s GDP declines but the welfare of its population rises.

What could explain this?

Select ONE answer:

1. a fall in leisure time
2. a fall in the size of the subsistence sector
3. a rise in positive externalities
4. a rise in the size of the population

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct
4. Not correct

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