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Which Two Major Issues Are Concerned with Economic Growth

Question 2

Multiple Choice

Which two major issues are concerned with economic growth?
(i) Short- run issue of ensuring that actual growth is such that actual output is as close as possible to the potential output of an economy
(ii) Only short- run issues related to fluctuations in the business cycle
(iii) Long- run issues addressing what determines the rate of potential economic growth
(iv) Monitoring of income and living standards


A) (i) and (iv)
B) (i) and (iii)
C) (ii) and (iii)
D) (iii) and (iv)

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