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2.1 The measurement of macroeconomic performance

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Question 40

Context 1: Global supply chain shifts and UK import prices

Table 1: Indices of UK Import Prices (2018 = 100)

YearIndex of Raw Material Import PricesIndex of Manufactured Goods Import Prices
2018100100
2019105102
20208598
2021120104
2022145112
2023130110

Using Table 1, identify two significant points of comparison between the index of raw material import prices and the index of manufactured goods import prices over the period 2018 to 2023.

[4]
Markscheme

2.1 The measurement of macroeconomic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 The measurement of macroeconomic performance

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.

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