Impact of economic growth

Q3(b)(i) Set out one drawback that falling GDP is likely to bring for workers.

Q3(b)(ii) Set out one drawback that falling GDP is likely to bring for the government.

Q6(b) Using the opening paragraph of Extract A, explain how real incomes and self-reported happiness are likely connected.

Q3(b) Set out one cost arising from the 9.9% drop in UK real GDP during 2020.

Q5(b) Using the chart, set out one way firms stand to gain from economic growth.

Q3(b) Explain how real incomes and self-reported happiness appear to be linked, referring to the earnings chart.

Q6(c) Assess, using Figure 2, whether rising real incomes actually make people in the UK happier.

Q6(c) Assess how shrinking real incomes affect self-reported happiness, working from Extract C's closing paragraph.

Q1(c) Choose the probable consequence of real GDP per capita rising (better living standards / more joblessness / weaker confidence / reduced purchasing power).

Q6(f) Evaluate how far the UK gains from economic growth while worries about its economy persist (Extract A).