The table below shows nominal GDP (Gross Domestic Product) for an economy, expressed as index numbers.
| Year | Nominal GDP (2019=1002019 = 1002019=100) |
|---|---|
| 2017 | 91 |
| 2018 | 96 |
| 2019 | 100 |
| 2020 | 103 |
| 2021 | 109 |
Between 2017 and 2021, there must have been an increase in
aggregate demand.
the level of employment.
the rate of inflation.
the government's budget surplus.
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.