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2.1 The measurement of macroeconomic performance

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Question 17

Context 2: THE DOMESTIC ENERGY AND UTILITIES SECTOR

Extract D: Average annual household water and sewerage bills, Northern Ireland, selected years 2002–2014

2002200420062008201020122014
Cash terms (£)195212245295335398445
Real terms, 2010 prices (£)240252275310335382418

Using Extract D, calculate to one decimal place the percentage increase in water and sewerage bills in real terms in 2014 compared with 2002 and identify one other significant feature of the data.

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2.1 The measurement of macroeconomic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 The measurement of macroeconomic performance