The Gross Domestic Product (GDP) deflator is a measure of changes in the:
physical volume of total national output.
average price level of all final goods and services produced within an economy.
cost of a representative basket of consumer goods and services.
distribution of real income among households.
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.