Economics (AS & A Level) · Oct / Nov 2024 · Paper 12 · Question 18

9708National income statistics

Which items have to be added to and subtracted from Gross Domestic Product at market prices to calculate the value of Gross Domestic Product at basic prices?

Acapital consumption and net property income from abroad
Bexpenditure taxes and capital consumption
Cnet property income from abroad and subsidies
Dsubsidies and expenditure taxes

As printed in the paper

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Correct answer: D. subsidies and expenditure taxes

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