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Pearson Edexcel (A -LEVEL) Was written 2021-2022 And was updated on Jan 20 2022 Course code WAC11/01
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---11August 20242024/2025A+
- Pearson Edexcel (A -LEVEL) Was written 
 And was updated on Jan 20 2022 
Course code WAC11/01 
Value and volume of national income - ANS--The value of national income is its 
monetary value at the prices of the day; the volume is the national income adjusted for 
inflation and is expressed either as an index number or in money terms at the prices in 
a selected base year. 
Actual growth - ANS--Economic growth as measured by recorded changes in real 
GDP over time. 
Macroeconomics - ANS--The stud...
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