Figure 3: CPI inflation rates (%) for Australia and Brazil, 2014 to 2019
| Year | Australia | Brazil |
|---|---|---|
| 2014 | 2.5 | 6.3 |
| 2015 | 1.5 | 9.0 |
| 2016 | 1.3 | 8.7 |
| 2017 | 1.9 | 3.4 |
| 2018 | 1.9 | 3.7 |
| 2019 | 1.6 | 3.7 |
Figure 4: Real GDP growth rates (%) for Australia and Brazil, 2014 to 2019
| Year | Australia (%) | Brazil (%) |
|---|---|---|
| 2014 | 2.6 | 0.5 |
| 2015 | 2.2 | -3.5 |
| 2016 | 2.8 | -3.3 |
| 2017 | 2.4 | 1.3 |
| 2018 | 2.9 | 1.8 |
| 2019 | 2.1 | 1.2 |
Explain how the data in Extract D (Figure 4) show that Brazil has been less successful than Australia in achieving a stable rate of economic growth.
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.