Figure 1: CPI inflation rates (%) for Sweden and Canada, 2016 to 2021
| Year | Sweden | Canada |
|---|---|---|
| 2016 | 0.98 | 1.60 |
| 2017 | 1.79 | 1.60 |
| 2018 | 1.95 | 2.27 |
| 2019 | 1.78 | 1.95 |
| 2020 | 0.50 | 0.72 |
| 2021 | 2.16 | 3.40 |
Figure 2: Real GDP growth rates (%) for Sweden and Canada, 2016 to 2021
| Year | Sweden (%) | Canada (%) |
|---|---|---|
| 2016 | 2.1 | 1.0 |
| 2017 | 2.6 | 3.1 |
| 2018 | 2.0 | 2.4 |
| 2019 | 2.0 | 1.9 |
| 2020 | -2.2 | -5.2 |
| 2021 | 5.1 | 4.5 |
Using the data in Extract B (Figure 1), calculate, to two decimal places, the mean inflation rate for Sweden from 2016 to 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.