Economics (AS & A Level) · Feb / March 2024 · Paper 12 · Question 17
9708Introduction to the circular flow of income
According to the circular flow of income, what would be the immediate result of an increase in the value of a country's exports?
- Aimports would increase
- Bnational income would increase
- Csavings would increase
- Dtaxes would increase
As printed in the paper
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Correct answer: B. national income would increase
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