Economics (AS & A Level) · May / June 2023 · Paper 13 · Question 18
9708Economic growth
The table gives data for an economy. | | 2010 | 2011 | 2012 | 2013 | 2014 | |---|---|---|---|---|---| | Gross Domestic Product (GDP) at current prices ($ billion) | 200 | 220 | 240 | 300 | 320 | | GDP deflator (price index) | 100 | 109 | 125 | 149 | 154 | In which year did real GDP decline compared with the previous year?
- A2011
- B2012
- C2013
- D2014
As printed in the paper
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Correct answer: B. 2012
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