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Economics (AS & A Level) · May / June 2026 · Paper 13 · Question 18

9708Economic growth

How is real GDP calculated?

  1. Anominal GDP × (price index in base year / price index in current year)
  2. Bnominal GDP × (price index in current year / price index in base year)
  3. Cprice index in current year × (nominal GDP / price index in base year)
  4. Dprice index in current year × (price index in base year / nominal GDP)

As printed in the paper

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Correct answer: A. nominal GDP × (price index in base year / price index in current year)

Sit this whole paper →More on Economic growth

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