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2.1 The measurement of macroeconomic performance

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Question 21

The following table shows the Household Final Consumption Expenditure (HFCE) of an economy from 2018 to 2022.

Year20182019202020212022
HFCE (£bn)12201255118012451315

If the figures are converted to index form with 2019 as the base year, what is the value of the index (to the nearest whole number) in 2022?

A

108108108

B

105105105

C

959595

D

111111111

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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