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2.1 The measurement of macroeconomic performance

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Question 35

From the data provided, which one of the following can be inferred?

Percentage change in real GDP

Economy2017 (%)2018 (%)
Average for advanced economies2.42.2
Australia2.32.7
Germany2.61.3
South Korea3.22.9
Average for EU member states2.51.9
USA2.23.0
A

South Korea had a higher growth rate in both years than any other economy shown in the table.

B

All economies shown in the table had higher rates of growth in 2017 than in 2018.

C

Germany had a higher rate of growth than the average for EU member states in 2017, but a lower rate in 2018.

D

All individual EU member states must have had a lower rate of growth in 2018 than South Korea.

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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