The rate of price inflation in an economy is most commonly measured by the annual percentage change in
the nominal gross domestic product.
the consumer price index.
the money supply (M4).
the balance of trade on the current account.
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.