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2.1 The measurement of macroeconomic performance

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Question 102

Context 1: THE GLOBAL CONTEXT

Extract A

Forecasts for 2026 annual GDP growth rate (%)

Date of forecastGDP growth rate (%)
Jan-253.20
Feb-253.20
Mar-253.00
Apr-252.90
May-252.90
Jun-252.60
Jul-252.40
Aug-252.20
Sep-252.20
Oct-252.00
Nov-251.80
Dec-251.50

Forecasts for 2026 annual unemployment rate (%)

Date of forecastUnemployment rate (%)
Jan-254.00
Feb-254.00
Mar-254.20
Apr-254.40
May-254.40
Jun-254.70
Jul-254.90
Aug-255.20
Sep-255.20
Oct-255.50
Nov-255.80
Dec-256.00

Using Extract A, calculate to one decimal place the percentage change in the forecasted GDP growth rate from January 2025 to December 2025 and identify one significant point of comparison between the forecasts for GDP growth rate and the unemployment rate over the period shown.

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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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