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2.5 Economic growth

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Question 20

Real GDP in selected South American economies (Base Year: 2015 = 100)

YearColombiaPeruChile
2015100.0100.0100.0
2016102.0104.0101.5
2017103.5106.5103.0
2018101.0109.5105.0
2019104.5111.0104.0
202097.5101.098.0
2021106.0114.5109.0

Which one of the following can be inferred from the table?

Colombia's real GDP was higher in 2020 than in 2015

Between 2015 and 2021, Chile experienced lower consumer price inflation than Peru

Between 2015 and 2021, Peru's real GDP grew at a faster rate than Chile's

In 2020, Chile experienced a larger percentage contraction in real GDP than Colombia

2.5 Economic growth Questions

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