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2.1 The measurement of macroeconomic performance

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Question 10

Extract B: German Industrial Sector Performance (2005–2020)

Indicator200520122020
Industrial Employment (millions)8.47.67.9
Real Industrial Output (billions of constant 2015 EUR)620670740
Industrial Share of National GDP (%)23.4%21.8%20.2%
Labor Productivity Index (2005 = 100)100.0114.5126.8

Using the data in Extract B, to what extent, if at all, do you consider that the German industrial sector has been in decline since 2005?

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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