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2.3 Economic performance

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Question 84

Table 3 shows the annual percentage change in real GDP for an economy over a four-year period from 2020 to 2023.

Table 3: Annual percentage change in real GDP

YearChange in real GDP (%)
20203.8
20212.5
20221.8
20230.6

Over the period 2020 to 2023, which one of the following can be concluded from Table 3?

A

Aggregate demand fell in 2023 compared to 2022

B

Real national output increased

C

The economy entered a technical recession in 2023

D

The rate of inflation fell every year

Markscheme

2.3 Economic performance Questions

  1. A Level
  2. /Economics
  3. /2.3 Economic performance

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.

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