Economics (AS & A Level) · Oct / Nov 2023 · Paper 12 · Question 20
9708National income statistics
For a given year, economy X publishes the following. | | $bn | |---|---| | Gross Domestic Product (GDP) | 100 | | factor income earned by residents of economy X working in foreign countries | 10 | | factor income earned in economy X by non-residents | 25 | What is the size of the Gross National Income (GNI) for country X?
- A$75bn
- B$85bn
- C$110bn
- D$115bn
As printed in the paper
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Correct answer: B. $85bn
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