Economic Growth and Measurement Quiz
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Questions and Answers

What is the primary focus of economic growth?

  • Increasing access to public goods (correct)
  • Reducing poverty through economic growth
  • Fueling social progress through politics
  • Generating more money for the elite
  • Why do governments try to generate economic growth?

  • To benefit the elite group
  • To increase political power
  • To reduce access to public goods
  • To make more available to more people (correct)
  • What is essential for sustained economic growth?

  • Benefits flowing to a broad population (correct)
  • Benefits flowing only to an elite group
  • Political interference in economic policies
  • Limiting access to public goods
  • According to the United Nations University World Institute for Development Economics Research, what is the basis of progress in reducing poverty and increasing access to public goods?

    <p>Strong economic growth</p> Signup and view all the answers

    What matters in using economic growth to fuel social progress?

    <p>How the benefits are distributed</p> Signup and view all the answers

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