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2.1 The measurement of macroeconomic performance

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Question 26

During a severe economic downturn, a nation experiences a nominal GDP contraction of 2.1% (a growth rate of -2.1%. Over the same period, the annual inflation rate is recorded at 3.4% and the population grows by 0.8%. What is the approximate percentage change in the country's real GDP per capita?

A

−4.7%-4.7\%−4.7%

B

−5.5%-5.5\%−5.5%

C

+0.5%+0.5\%+0.5%

D

−6.3%-6.3\%−6.3%

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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