Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

The table gives the consumer price index (CPI) and national output at current prices in 2014 and 2015 for an economy. What can be concluded when 2015 is compared with 2014?

  • AMoney national output decreased by 10%.
  • BMoney national output increased by 20%.
  • CReal national output fell.
  • DReal national output increased.

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