A-LevelEconomicsThe macroeconomy9708/31 · May/June 2020 · Q231 Mark
During a year, a country's national income in money terms increased by 3%, prices increased by 4% and total population increased by 1%.
- (a)What was the approximate change in real income per head? A a decrease of 1% B a decrease of 2% C an increase of 2% D an increase of 3%[1]
Mark scheme
Marking points from the official mark scheme (May/June 2020). The mark or mark type is shown in brackets.
- [1] B
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