Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

The table shows data on household spending in the UK economy from 2008 to 2010. What conclusion can be drawn from the data?

  • AAll households bought more goods and services in 2010 than in 2008.
  • BHouseholds saved more in 2008 than in 2010.
  • CLiving standards were lower in 2009 than 2010.
  • DThe rate of inflation was higher in 2010 than in 2009.

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