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2.1 The measurement of macroeconomic performance

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Question 42

Extract B: Real GDP growth (%), 2018–2021, selected regions/economies

Economy / Region2018201920202021
USA2.92.3-3.45.7
Eurozone1.91.6-6.15.3
Japan0.6-0.4-4.31.7
Latin America & Caribbean1.20.2-7.06.9
Emerging and Developing Asia6.35.4-0.87.2

Source: IMF World Economic Outlook, compiled from official statistical databases.

Using Extract B, identify two significant points of comparison in real GDP growth between the economies shown for the period 2018 to 2021.

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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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