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2.1 The measurement of macroeconomic performance

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Question 78

Extract A: Index of nursery childcare costs and median female weekly earnings in the UK (2013–2023)

YearIndex of Average Childcare Costs (2013 = 100)Index of Median Female Weekly Earnings (2013 = 100)
2013100100
2015108103
2017118107
2019125112
2021136115
2023152121

Using Extract A, identify two significant points of comparison between the changes in the index of average childcare costs and the changes in the index of median female weekly earnings over the period shown.

[4]
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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