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2.1 The measurement of macroeconomic performance

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Question 76

The table below shows an economy's volumes of energy production and consumption between 2018 and 2022, expressed as index numbers (2018=1002018 = 1002018=100).

201820202022
Volume of fossil fuel production1009591
Volume of fossil fuel consumption1009894
Volume of renewable energy production100108115
Volume of renewable energy consumption100104112

From the data, it can only be concluded that

A

the total energy generated from renewable sources exceeded that generated from fossil fuels in 2022.

B

the economy was a net exporter of renewable energy in 2022.

C

the total volume of renewable energy production rose relative to the total volume of fossil fuel production over the period.

D

the quantity of fossil fuels consumed decreased by exactly 6 million tonnes of oil equivalent between 2018 and 2022.

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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