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2.1 Measures of economic performance

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Question 21

Based on the data below, explain the likely relationship between real disposable income and subjective happiness.

Median Annual Household Disposable Income in Oakhaven, 2012 to 2024

YearReal Disposable Income (£)Nominal Disposable Income (£)
201232,00026,500
201531,50029,000
201832,00032,000
202132,50035,500
202432,00039,000
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2.1 Measures of economic performance Questions

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