Economics A-Level
Basket of goods and services
What Basket of goods and services means in Economics A-Level, as defined for AQA.
Definition of Basket of goods and services
Check what you remember
Read the wording for your board, then hide it and explain Basket of goods and services in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A representative sample of items typically bought by an 'average family', used to measure inflation.
Topics that use Basket of goods and services
- Uses of index numbers (AQA A-Level)
Related terms
Using Basket of goods and services 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.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge