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3.1.4 Analyse GDP data

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

  1. GCSE
  2. /Economics
  3. /3.1.4 Analyse GDP data

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.

Flashcards