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MCQ 18

clipped from

The chart below shows the annual percentage change in consumer spending and real national output (GDP) since 1985.


From the chart we can deduce that
  1. The share of consumer spending in total GDP has increased during the period
  2. Consumer spending has grown more quickly than real GDP throughout the entire period from 1985-2001
  3. Exporters of goods and service from the UK experienced a slowdown in demand from 1994 onwards
  4. A growing percentage of consumer spending went on imported goods and services during this period
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