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2.5 Economic growth

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Question 28

GDP at Purchasing Power Parities, Italy and Spain

YearItaly (US$ trillions)Spain (US$ trillions)
20152.251.65
20162.321.72
20172.281.69
20182.351.76
20192.401.81
20202.181.61
20212.331.71
20222.421.79

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

Spain's rate of inflation was lower than Italy's in 2021

Italy's GDP is smaller than Spain's in every year shown

In every year that Spain's GDP fell compared to the previous year, Italy's GDP did too

The GDP of both Italy and Spain fell between 2020 and 2021

2.5 Economic growth Questions

  1. A Level
  2. /Economics
  3. /2.5 Economic growth