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2.4 National income

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Question 12

Sweden nominal GDP and population, 2021 to 2023

YearNominal GDP (SEK billions)Population (millions)
20215 45010.4
20225 95010.5
20236 10010.6

Define the term 'real' when used in the context of national income measurements.

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Markscheme

2.4 National income Questions

  1. A Level
  2. /Economics
  3. /2.4 National income

75 exam-style questions on Edexcel A A Level Economics 2.4 National income, covering 2.4.1 National income, 2.4.2 Injections and withdrawals, 2.4.3 Equilibrium levels of real national output, and 2.4.4 The multiplier. Each one has a worked solution and a mark scheme showing where the marks go.

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