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2.3 Economic performance

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Question 103

Extract D

Figure 3: CPI inflation rates (%) for the United Kingdom and Greece, 2008 to 2013

YearUnited KingdomGreece
20083.64.2
20092.21.2
20103.34.7
20114.53.3
20122.81.5
20132.6-0.9

Figure 4: Real GDP growth rates (%) for the United Kingdom and Greece, 2008 to 2013

YearUnited Kingdom (%)Greece (%)
2008-0.3-0.1
2009-4.2-4.3
20102.1-5.5
20111.5-9.1
20121.4-7.3
20132.2-3.2

Explain how the data in Extract D (Figure 4) show that Greece has been less successful than the United Kingdom in achieving a stable rate of economic growth.

[4]
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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