DP Economics

Question 18N.3.HL.TZ0.d

[Maximum mark: 2]

18N.3.HL.TZ0.d

The information provided in Table 2 relates to Country Y.

Table 2

Using the GDP deflator, calculate the percentage change in real GDP between 2014 and 2015.

[2]

Markscheme

real GDP in 2015
$\frac{{4814}}{{105.11}} \times 100 = 4579.96$

rate of change
$\left[ {\frac{{\left( {4579.96 - 4465} \right)}}{{4465}}} \right] \times 100$

Any valid working is sufficient for [1].

= 2.57 %

An answer of 2.57 (without working) is sufficient for [1].

Syllabus sections