Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

The graphs given below illustrate percentage changes in money GDP and consumer prices in a country from 2008 to 2010. (money GDP: 2008=10%, 2009=5%, 2010=?; consumer prices: 2008=?, 2009=?, 2010=?). Which conclusion can be drawn from the graphs?

  • ABetween 2009 and 2010 money GDP fell but consumer prices continued to rise.
  • BConsumer prices and money GDP both continued to rise throughout the period.
  • CIn real terms GDP grew throughout the period.
  • DWhen consumer prices rose, money GDP fell.

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