A-LevelEconomicsThe macroeconomy9708/12 · Oct/Nov 2018 · Q201 Mark
The table shows the consumer price index (CPI) and national output at current prices in 2014 and 2015 for an economy. [Table: year, CPI, national output at current prices 2014 100 100 2015 120 110] 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.
✓ Correct answer
C: Real national output fell.
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