Uses of National Income Data — AQA Past Paper Questions

Explain how the data in Extract A show that higher productivity may result in higher living standards.

2.2.6 Determinants of LRAS · 2.1.4 Uses of National Income Data

Evaluate the view that economic growth usually leads to an improvement in living standards.

2.3.1 Growth and the Economic Cycle · 2.1.4 Uses of National Income Data

Evaluate the possible impact on the cost of living and the standard of living in the UK of a sustained rise in the value of the pound sterling against other currencies, such as the euro and the US dollar.

2.3.3 Inflation and Deflation · 2.1.4 Uses of National Income Data

Explain how the data in Extract A (Figure 2) show that the UK has had poor real wage growth since 2008.

2.3.2 Employment and Unemployment · 2.1.4 Uses of National Income Data

To what extent, if at all, do the data suggest that living standards in the UK improved between 2007 and 2017? You must use the data in Extract B to support your assessment.

2.1.4 Uses of National Income Data

Explain how the data in Extract A indicate living standards may be higher in the UK than in the USA.

2.1.4 Uses of National Income Data

Extract B (lines 13–15) states ‘If real GDP goes up, the economy is doing well; this is associated with higher incomes, more jobs and higher spending.’ Using the data in the extracts and your knowledge of economics, assess the view that to improve the living standards of their citizens, governments across the world should prioritise achieving economic growth.

2.1.4 Uses of National Income Data · 2.3.1 Growth and the Economic Cycle

Assess the view that falling unemployment will inevitably lead to an improvement in the standard of living for people in the UK.

2.3.2 Employment and Unemployment · 2.1.4 Uses of National Income Data

Explain why the data in Extract A (Figure 1) show that living standards in India have improved.

2.1.4 Uses of National Income Data