Question 1
The chart shows index numbers of real GDP in selected countries between 2020 and 2023 (2020, Q1 = 100).
Which one of the following statements is correct?
A
France's real GDP was lower in 2023 than it was in 2020
B
Spain experienced a smaller recession than Italy in 2020
C
Between 2020 and 2023, inflation was lower in France than in Germany
D
Between 2020 and 2023, economic growth was higher in Italy than in Spain