Economics A-Level
Underlying trend rate of economic growth
What Underlying trend rate of economic growth means in Economics A-Level, as defined for AQA.
Definition of Underlying trend rate of economic growth
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Reference: AQA
The sustained expansion of productive capacity, allowing faster economic expansion without triggering demand-pull inflation.
Topics that use Underlying trend rate of economic growth
- Supply-side policies (AQA A-Level)
Related terms
- Capital investment
- Economic incentives
- Free market supply-side policies
- Human capital
- Incentives
- Innovation
- International competitiveness
- Interventionist policies
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