Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

The table shows information for an economy: in 2010, GDP at current prices was $200bn and the deflator was 100; in 2011, GDP was 220 and the deflator was 109; in 2012, GDP was 240 and the deflator was 125; in 2013, GDP was 300 and the deflator was 149; in 2014, GDP was 320 and the deflator was 154. For which year did real GDP fall compared with the year before?

  • A2011
  • B2012
  • C2013
  • D2014

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