The table below shows indices of labour productivity for two manufacturing companies between 2018 and 2021.
| Year | Company Alpha (Index: 2020 = 100) | Company Beta (Index: 2020 = 100) |
|---|---|---|
| 2018 | 140 | 115 |
| 2019 | 110 | 105 |
| 2020 | 100 | 100 |
| 2021 | 90 | 95 |
Which one of the following can be concluded from the data?
Company Alpha had a higher absolute level of labour productivity than Company Beta in 2018.
Labour productivity in both Company Alpha and Company Beta was in economic equilibrium in 2020.
Absolute labour productivity was higher in Company Beta than in Company Alpha in 2021.
Labour productivity fell at a faster percentage rate in Company Alpha than in Company Beta between 2018 and 2021.
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.