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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]

2.1 The measurement of macroeconomic performance Questions

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  3. /2.1 The measurement of macroeconomic performance