Table 1 shows the values of nominal GDP and a price index in two different years.
| Year | 2018 | 2022 |
|---|---|---|
| Nominal GDP (£ billions) | 320 | 385 |
| Price index | 100 | 115 |
What was the value of real GDP in 2022, to the nearest £ billion, expressed in 2018 prices?
£320 billion
£335 billion
£368 billion
£443 billion
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.