The table below shows the annual percentage change in real GDP for an economy over a four-year period from 2021 to 2024.
| Year | Change in real GDP (%) |
|---|---|
| 2021 | 4.5 |
| 2022 | 3.1 |
| 2023 | 1.5 |
| 2024 | 0.2 |
Over the period 2021 to 2024, which one of the following can be concluded from the table?
Real national output fell in 2024 compared to 2023
The economy experienced a technical recession in 2024
Real national output was higher in 2024 than in any other year shown
The rate of inflation fell consistently from 2021 to 2024
327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.