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2.1 The measurement of macroeconomic performance

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Question 2

Extract A

Table 1: Sales of new light commercial vehicles (LCVs) by fuel type in the UK, 2021 and 2022

20212022
Diesel185,400142,500
Petrol45,60038,100
Battery Electric22,80041,200
Hybrid Electric30,50055,000
Total284,300276,800

Figure 1: UK demand for lithium-ion battery packs for commercial fleets, Gigawatt hours (GWh), 2018 to 2032

YearSmall LCVsMedium LCVsHeavy TrucksTotal
20181010020
202240301080
2027 (estimate)12010050270
2032 (estimate)350300200850

Using the data in Extract A (Table 1), calculate the index of total LCV sales in 2022 if, in the base year, total new LCV sales were 250,000.

Give your answer to two decimal places.

[2]
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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