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Inflation

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Question 34

The table shows the nominal GDP for a country.

YearNominal GDP (€bn)
20212200
20222500
20232800

Between 2021 and 2022 the rate of inflation was 4%. What was the country's real GDP in 2022, at 2021 prices (to the nearest billion)?

A

€2400 bn

B

€2404 bn

C

€2600 bn

D

€2288 bn

Markscheme

Inflation Questions

  1. A Level
  2. /Economics
  3. /Inflation

77 exam-style questions on OCR A Level Economics Inflation. Each one has a worked solution and a mark scheme showing where the marks go.

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