The table below shows the annual growth rates (% change over the previous year) of an economy's real Gross National Income (GNI) per capita between 2019 and 2023.
| Year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Growth rate (%) | +4.0 | +2.5 | -6.0 | -3.0 | +1.5 |
From the data in the table, it can be inferred that:
the average real GNI per person was higher in 2021 than in 2018.
the total national output of the economy must have increased between 2021 and 2022.
the annual rate of inflation was negative in both 2021 and 2022.
the average real GNI per person was higher in 2022 than in 2019.
187 exam-style questions on AQA A Level Economics 2.1 The measurement of macroeconomic performance, covering 2.1.1 The objectives of government economic policy, 2.1.2 Macroeconomic indicators, 2.1.3 Uses of index numbers, and 2.1.4 Uses of national income data (A-level only). Each one has a worked solution and a mark scheme showing where the marks go.