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2.1 The measurement of macroeconomic performance

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Question 7
Extract D: Selected economic data for Greece
20162017201820192020
Population (millions)10.810.810.710.710.7
Real GDP (€, bn)174176180183165
Unemployment Rate (%)23.921.519.317.316.3
Current Account Balance (€, bn)-2.1-1.9-4.3-2.7-11.0
a.

Using the data in Extract D, calculate (to the nearest whole number) the real GDP per capita in Greece for 2019.

[2]
b.

Identify one significant comparison between the unemployment rate and real GDP over the period 2016 to 2020.

[3]

2.1 The measurement of macroeconomic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 The measurement of macroeconomic performance