The table below shows the index for nominal national income (GDP) and the consumer price index (CPI) for a country in 2021 and 2022.
| 2021 | 2022 | |
|---|---|---|
| Nominal GDP Index | 120 | 132 |
| CPI | 110 | 125 |
According to these figures, between 2021 and 2022 the country's real national income
increased.
decreased.
stayed the same.
changed by an amount that cannot be determined without further information.
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.