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Economics (AS & A Level) · Oct / Nov 2024 · Paper 13 · Question 18

9708National income statistics

The information shows data from a country's national income accounts. | | $ million | |---|---| | gross domestic product at market prices | 200 000 | | gross value added at basic prices | 180 000 | | subsidies | 5 000 | | capital consumption | 30 000 | What can be concluded from the income accounts? | | net domestic product at market prices $ million | indirect tax revenue $ million | |---|---|---| | A | 170 000 | 15 000 | | B | 170 000 | 25 000 | | C | 150 000 | 15 000 | | D | 150 000 | 25 000 |

  1. A170 000 | 15 000
  2. B170 000 | 25 000
  3. C150 000 | 15 000
  4. D150 000 | 25 000

As printed in the paper

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Correct answer: B. 170 000 | 25 000

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