The table below contains index number data for an economy's GDP, population size, and its price level for the years 2016 and 2024. All three indices have 2016 as their base year.
| Year | GDP Index | Population Index | Price Level Index |
|---|---|---|---|
| 2016 | 100 | 100 | 100 |
| 2024 | 220 | 125 | 110 |
Using the data, the increase in real GDP per capita between 2016 and 2024 is approximately:
20%
35%
60%
95%
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.