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2.1 Measures of economic performance

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Question 4

GDP at Purchasing Power Parities, Poland and Hungary

YearPoland (US$ billions)Hungary (US$ billions)
2016510125
2017535130
2018565138
2019590136
2020570131
2021605142
2022635148
2023630145

From the data in the table above, which one of the following may be deduced?

The rate of unemployment in Poland was higher than in Hungary in 2020

Poland's GDP was smaller than Hungary's in every year shown

In every year that Poland's GDP fell compared to the previous year, Hungary's GDP did too

Hungary's GDP grew at a faster percentage rate than Poland's between 2016 and 2018

2.1 Measures of economic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 Measures of economic performance