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Question 21M.3.HL.TZ0.2b.ii

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Date May 2021 Marks available [Maximum mark: 2] Reference code 21M.3.HL.TZ0.2b.ii
Level HL Paper 3 Time zone TZ0
Command term Calculate Question number b.ii Adapted from N/A
b.ii.
[Maximum mark: 2]
21M.3.HL.TZ0.2b.ii

Table 2 provides information relating to the country of Averna in 2019.

Table 2

In 2019, the population of Averna is 213 600, while the GDP deflator is 125.

(b.ii)

Using your answer to part (a), calculate Averna’s real GDP per capita in 2019.

[2]

Markscheme

Real GDP = 5340 × 100/125 = $4272 million

Real GDP per capita = 4 272 000 000/213 600

Any valid working is sufficient for [1] e.g. using nominal GDP instead of real GDP (5340/213 600 = $25 000) or neglecting to convert to per capita figure (=$4272m).

Neglecting to multiply by 100 in calculating real GDP may be considered a units error.

= $20 000

An answer of $20 000 or 20 000 (without working) is sufficient for [1].

For full marks to be awarded the response must provide valid working and include correct units.

OFR applies from part (a). Per capita figures may be rounded to the nearest dollar.

Examiners report

Many responses earned full marks via the Own Figure Rule. Lower-achieving responses calculated per capita GDP OR real GDP but not both. A common error was to neglect to multiply by 100 when converting nominal GDP to real GDP