A-LevelEconomicsThe macroeconomy9708/32 · Feb/Mar 2018 · Q221 Mark

What would be the essential element in listing countries in order of their standards of living during a particular year? A a deduction for profits transmitted abroad from the figures for Gross National Product B allowance for different rates of population growth C an adjustment for the inflation rates of different countries D the use of purchasing power parity exchange rates

Mark scheme

Marking points from the official mark scheme (Feb/Mar 2018). The mark or mark type is shown in brackets.

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Feb/Mar 2018 Paper 3 Variant 2, question 22.

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