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 (A)</p> Signup and view all the answers

What matters in using economic growth to fuel social progress?

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

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