| Year | CPI inflation rate (%) | Current account balance (% of GDP) | Real GDP growth rate (%) |
|---|---|---|---|
| 2014 | 4.8 | -4.2 | -1.5 |
| 2016 | 3.5 | -3.0 | -0.8 |
| 2018 | 2.1 | -1.8 | +0.5 |
| 2020 | 1.2 | -1.0 | +1.8 |
| 2022 | 0.5 | -0.2 | +2.2 |
All other things being equal, which one of the following, A, B, C or D, can be inferred from the above data?
The general price level fell continuously between 2014 and 2022.
The economy recorded a current account surplus in 2022.
The general price level continued to increase over the period.
Real GDP was higher in 2016 than in 2014.
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.