A-LevelEconomicsThe macroeconomy9708/33 · Oct/Nov 2018 · Q191 Mark

The table shows the nominal GDP growth and inflation rate in four countries, W, X, Y and Z. | | nominal GDP growth rate (%) | annual inflation rate (%) | |---|---|---| | W | 2.1 | 1.9 | | X | -1.6 | 8.9 | | Y | 4.1 | 5.8 | | Z | -2.0 | 16.4 | What can be concluded from the table? A W experienced the highest rate of real economic growth. B X and Z experienced deflation. C Y experienced the greatest rise in the standard of living. D Z experienced the greatest growth in public debt.

Mark scheme

Marking points from the official mark scheme (Oct/Nov 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, Oct/Nov 2018 Paper 3 Variant 3, question 19.

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