Interpreting an index
What Interpreting an index means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Interpreting an index
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Read the wording for your board, then hide it and explain Interpreting an index in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Reading an index number to reveal the percentage change in a variable since the base year, such as a 20% increase in GDP.
Topics that use Interpreting an index
- Growing economies (Pearson Edexcel A-Level)
Related terms
- Base year
- Demand-pull inflation
- Economic growth
- Emerging markets
- Foreign direct investment (FDI)
- Income inequality
- Index numbers
- International trade
Using Interpreting an index in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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