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2.1 The measurement of macroeconomic performance

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Question 10

Extract C states: ‘the average wholesale price of carbon emission allowances (EUA) under the EU Emissions Trading System (ETS) rose significantly, from €24.60 per tonne of CO2 CO_2\,CO2​ equivalent in January 2020 to €88.35 per tonne in February 2023’.

Calculate the carbon emission allowance price index for February 2023, if January 2020 is taken to be the starting point (base period with an index value of 100). Give your answer to the nearest whole number.

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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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