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2.1 The measurement of macroeconomic performance

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Question 60

The table shows the changes in key economic indicators for a country over a period of one year.

Nominal GDPRate of inflationPopulation increaseGini coefficient
+3.0%+3.5%+1.0%-4.0%

Which one of the following can be concluded from the data?

A

The distribution of household income has become less equal.

B

Real GDP per capita has decreased over the year.

C

The average material standard of living in the country has definitely improved.

D

Real national output has increased.

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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