Index numbers

Table 4 shows the index of consumer prices and the unemployment rate for an economy. The data is for the end of each quarter in a particular year. The index of consumer prices for the final quarter of the previous year was 120.9.

According to the data, it can be concluded that

Using the data in Extract A (Figure 1), if 2015 is the base year, calculate the index of Egypt’s real GDP in 2018.

Give your answer to one decimal place.

Table 1 shows the individual price indices and the weightings of the three goods that make up a price index.

What was the percentage increase in the overall price index between April 2021 to April 2022?

Table 4 shows the values of nominal GDP and a price index in two different years.

What was the value of real GDP in 2019, to the nearest £ billion, expressed in 2015 prices?

Do not answer Context 2 if you have answered Context 1.

Using the data in Extract D (Figure 4), calculate South Korea’s rate of inflation for the year ended 31 December 2019. Give your answer to two decimal places.

The index of real GDP for an economy was 100 in 2017, its base year, and 105 in 2020. In 2017, real GDP was £500 billion. The monetary value of real GDP for this economy in 2020 must therefore have been

Table 4 shows the weights used in the Consumer Prices Index (CPI) for a selection of items in 2008 and 2018.

The data in Table 4 indicate that between 2008 and 2018 the

An economy’s GDP increased from £400 billion in 2016 to £428 billion in 2018. Using 2016 as the base year, what is the value of the index for GDP in 2018?

Turn over for Section B

Using the data in Extract A (Figure 1), calculate the change in the effective exchange rate index, as a percentage, between November 2015 (point A) and November 2016 (point B). Give your answer to two decimal places.

The following table shows the real GDP of an economy from 2012 to 2016.

If the figures were converted to index form with 2013 as the base year, what would be the value of the index (to the nearest whole number) in 2016?

The table below shows the Consumer Prices Index for a country over a number of

Which one of the following can be concluded from the table?