Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

The table presents the nominal GDP growth and inflation rate for four countries, W, X, Y and Z. What conclusion can be drawn from the table?

  • AW experienced the highest rate of real economic growth.
  • BX and Z experienced deflation.
  • CY experienced the greatest rise in the standard of living.
  • DZ experienced the greatest growth in public debt.

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