Extract A: Annual CPI inflation rates (%) for Canada and Australia, 2019–2023
| Year | Canada CPI Inflation (%) | Australia CPI Inflation (%) |
|---|---|---|
| 2019 | 1.9 | 1.6 |
| 2020 | 0.7 | 0.9 |
| 2021 | 3.4 | 2.8 |
| 2022 | 6.8 | 6.6 |
| 2023 | 3.9 | 5.6 |
Using Extract A, identify two significant points of comparison between the CPI inflation rates of Canada and Australia over the period 2019 to 2023.
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.