| Year | Current monetary value of exports (€ billion) | Index of export prices (2021 = 100) | Value of the country's exports at 2021 prices (€ billion) |
|---|---|---|---|
| 2020 | 150 | 75 | ? |
| 2021 | 220 | 100 | 220 |
| 2022 | 260 | 104 | ? |
| 2023 | 315 | 105 | 300 |
Using the data in Table 1, which one of the following is correct?
The value of the country's exports in 2020 at 2021 prices, to the nearest € billion, was €113 billion
The value of the country's exports in 2020 at 2021 prices, to the nearest € billion, was €200 billion
The value of the country's exports in 2022 at 2021 prices, to the nearest € billion, was €156 billion
The value of the country's exports in 2022 at 2021 prices, to the nearest € billion, was €240 billion
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.