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2.1 The measurement of macroeconomic performance

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Question 101

Context 1: The Global Context

Extract A: Macroeconomic Indicators for Selected South American Countries, 2021

EconomyReal GDP growth (%)Unemployment rate (% of labour force)Inflation (%)
Argentina10.48.848.4
Brazil5.011.18.3
Chile11.78.94.5
Colombia10.613.73.5
Peru13.34.94.0
Uruguay4.49.47.8

Using the data on macroeconomic performance in Extract A, calculate the number of people unemployed in Brazil in 2021, given a labour force of 104 million, and identify one other significant feature of the data for 2021.

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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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