The table below shows index numbers for nominal Aggregate Demand (ADADAD) in an open economy.
| Year | Nominal Aggregate Demand (2018=1002018 = 1002018=100) |
|---|---|
| 2016 | 85 |
| 2017 | 93 |
| 2018 | 100 |
| 2019 | 106 |
| 2020 | 115 |
Between 2016 and 2020, there must have been an increase in
the volume of national output.
the general price level.
money national income.
the level of employment.
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.