The table below shows the annual percentage change in real GDP for Nordland over a six-year period.
| Year | Change in real GDP (%) |
|---|---|
| 2018 | 2.4 |
| 2019 | 4.8 |
| 2020 | 3.5 |
| 2021 | 1.2 |
| 2022 | -0.6 |
| 2023 | 1.8 |
During this period, Nordland's estimated long-run trend rate of economic growth was 2.4% per annum.
All other things being equal, in which year was the economy likely to experience the most inflationary pressure?
2018
2019
2020
2022
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.