Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

The graphs illustrate percentage changes in money GDP and consumer prices in a country from 2013 to 2015. Which conclusion can be inferred from the graphs?

  • AConsumer prices and money GDP both continued to rise throughout the period.
  • BIn real terms GDP grew throughout the period.
  • CMoney GDP fell more rapidly between 2014-2015 than between 2013-2014.
  • DThe slowest rise in consumer prices occurred when money incomes fell.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI