The table below contains selected economic indicators for an economy.
| Indicator | 2010 | 2015 | 2020 |
|---|---|---|---|
| Tax revenue (% of GDP) | 30.00 | 32.00 | 31.00 |
| Government expenditure (% of GDP) | 35.00 | 38.00 | 41.00 |
| Real GDP (2010=1002010 = 1002010=100) | 100.00 | 120.00 | 140.00 |
The information above shows that between 2010 and 2020 there was
a fall in total government expenditure in real terms.
a rise in total government expenditure in real terms.
a 140 per cent increase in real GDP.
a fall in the tax-to-GDP ratio.
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.