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2.1 The measurement of macroeconomic performance

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Question 26

Context 1: The Global Context

Extract A: Macroeconomic indicators: US and selected East Asian & Pacific economies, 2019

EconomyReal GDP growth (% change on previous year)Unemployment rate (% of labor force)Consumer price inflation (%)
United States2.23.71.8
Vietnam7.02.02.8
Japan0.32.40.5
Philippines6.15.12.5
Australia1.95.21.6

Using Extract A, identify two significant features of the macroeconomic indicators shown for 2019.

[4]
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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