Significant investments in infrastructure projects, such as the construction of highways and bridges, are likely to cause an increase in a country's GDP. Hence the correct option is 3.
A substantial increase in a country's Gross Domestic Product (GDP) can be anticipated when there is a significant boost in infrastructure investments. Infrastructure projects, such as the construction of highways, bridges, airports, and other public facilities, contribute to economic growth by fostering connectivity, improving transportation efficiency, and attracting further investments.
These initiatives create a multiplier effect, generating employment opportunities and stimulating economic activities across various sectors. The increased economic productivity resulting from improved infrastructure can lead to higher output and, consequently, a rise in the overall GDP of the country. Such developments are often seen as crucial drivers of long-term economic expansion, fostering competitiveness and overall prosperity. Hence the correct option is 3.
Complete question:
Which event will likely cause an increase in a country’s GDP?
- A decrease in consumer spending and business investments.
- A decline in international trade and exports.
- Significant investments in infrastructure projects