Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  3. Economics AQA
  5. Question bank

2.3 Economic performance

EasyMediumHard
1234567891011121314151617181920212223242526272829303132333435
Question 10

An economy operating at its trend level of output at the end of 2025 has a trend rate of growth of 4% per year. Real GDP increases by 1.5% in 2026 and 5% in 2027.

Which one of the following accurately describes the position of the economy at the end of each year?

2026: Negative output gap; 2027: Negative output gap

2026: Negative output gap; 2027: Positive output gap

2026: Positive output gap; 2027: Negative output gap

2026: Positive output gap; 2027: Positive output gap

2.3 Economic performance Questions

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