AQA, Economics, AS Level, ECON2, National, Economy, Aquinas,

1. ECON2
WWW.AQUINASECONOMICSAS.CO.UK
@AQUINASECONOMIC
Gross Domestic Product
Answer all the questions below
1. What is meant by the term nominal GDP
2. What is the UK’s current nominal GDP
3. What is meant by the term real GDP
4. What is the UK’s current real GDP
5. What is GDP per Capita
6. What is the GDP per Capita for the following countries?
a. UK
b. USA
c. Japan
d. China
e. Eurozone
7. What is Gross National Product and how does it differ to GDP