Card 1 of 25
What does a positive bar on a quarterly real GDP growth chart show?
A
A base year set equal to 100.
B
A growth-rate chart shows the rate of change, not the level of real GDP.
C
The 2008-09 financial crisis and the 2020 coronavirus pandemic.
D
Real GDP grew during that quarter.
Card 1 of 25
3.1.4 Analyse GDP data Flashcards
25 flashcards on OCR GCSE Economics 3.1.4 Analyse GDP data: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.