What may directly cause economic growth? The table shows figures for the real GDP of a country. During which quarters was the country experiencing a recession? A country has full employment. Which policy is most likely to lead to a fall in economic growth in the short run but an increase in economic growth in the long run? In 2016, Romania had an increase in its real gross domestic product of 4.8%. What must this mean about the Romanian economy? Economic growth can be defined as... Recession is when there are two consecutive quarters (six months) of: What causes economic growth? What is the consequence of economic growth for individuals and for the economy? Which economic situation exists when there are two consecutive quarters (six months) of negative economic growth? Which change affecting an economy’s labour market promotes economic growth? What is a likely cause of economic growth? An economy experiences a recession and moves from full employment to 5% unemployment. Which movement from X to Y on the PPC diagram shows the consequence for the economy? Why would standards of living fall when there is a recession?