What this practice covers
These questions are drawn from past Edexcel A-Level papers. You answer, you find out immediately whether you were right, and you get the reasoning for the correct option and for each distractor. Wrong answers go to a mistakes locker so you can come back to exactly those.
Practice is free. You need an account only so your progress and your mistakes are still there next time.
Start practising multiple-choice questions →
What examiners see students get wrong here
These are the errors that cost marks on measures of economic performance, taken from our own topic notes. Read them before you practise and you will recognise the traps in the questions.
- Using nominal GDP to discuss growth. Always specify real.
- Forgetting to adjust for population when discussing living standards.
- Confusing deflation (falling prices) with disinflation (slowing inflation).
- Saying CPI includes housing costs; it does not; RPI includes mortgage interest.
- Treating all inflation as demand-pull; the diagram and the policy differ for cost-push.
- Confusing cyclical with structural unemployment.
- Treating a current account deficit as automatically harmful.
Revise it first
If any of the above is unfamiliar, work through the notes before practising: Measures of Economic Performance revision notes.