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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?

  1. A2011
  2. B2012
  3. C2013
  4. D2014

As printed in the paper

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Correct answer: B. 2012

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