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ScotlandEconomicsQuick questions
Researching an Economic Issue
Quick questions on Analysing and evaluating economic data: handling data, reliability, referencing and conclusions - SQA Advanced Higher Economics
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is index number?Show answer
a value expressed relative to a base period set to 100. An index of 125 means the value is 25 per cent above the base; an index of 90 means 10 per cent below it.
What is q1?Show answer
A wage index rises from 100 to 108. Calculate the percentage change and state what it means. [2 marks]
What is q2?Show answer
Give two things to consider when judging whether a source is reliable. [2 marks]
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