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Economics (AS & A Level) · May / June 2024 · Paper 11 · Question 16

9708National income statistics

A country's net national income (NNI) is less than its gross national income (GNI). What does this mean?

  1. Aincomes earned overseas were less than incomes sent overseas
  2. Binflation has been accounted for in NNI but not in GNI
  3. Cthe country's exports decreased
  4. Dthere has been a net depreciation in the value of the country's fixed capital assets

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Correct answer: D. there has been a net depreciation in the value of the country's fixed capital assets

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