Northmere records the following annual data. Real GDP is measured at constant prices.
| Measure | Year 1 | Year 2 |
|---|---|---|
| Real GDP (£ billion) | 760.0 | 790.4 |
| Population (million) | 40.0 | 42.0 |
Calculate the percentage change in real GDP per capita from Year 1 to Year 2. Give your answer to one decimal place.
Using your answer to part (a), explain the likely effect on average material living standards in Northmere.
78 exam-style questions on OCR GCSE Economics 3.1 Economic growth, covering 3.1.1 What is economic growth, 3.1.2 Calculate economic growth using GDP, 3.1.3 Explain how growth is measured, 3.1.4 Analyse GDP data, 3.1.5 Determinants of economic growth, and 3.1.6 Costs and benefits of economic growth. Each one has a worked solution and a mark scheme showing where the marks go.