Past-paper question
0455/21/O/N/25
[6] marks
In the first half of 2022, Guyana's GDP grew by 36.4%. Most of this growth was due to higher output in the primary sector. The government used some of the tax revenue generated from this growth to fund long-run development projects such as infrastructure and education. However, in the short run, there was a rise in house prices.
c) Analyse why house prices may increase. [6]