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2.1 The measurement of macroeconomic performance

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Question 65

An economy experienced a 1.5% increase in its real GDP over a one-year period. During the same period, its population grew by 3.0% and its annual rate of inflation was 2.0%. From these data, it can be inferred that

A

its Human Development Index (HDI) fell by 1.5%.

B

nominal GDP per capita increased.

C

real GDP per capita increased.

D

the absolute number of people living in relative poverty declined.

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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