Note AcademyNote Academy
Start

Economics (AS & A Level) · Oct / Nov 2025 · Paper 11 · Question 16

9708National income statistics

The table shows selected statistics for a country. | | $bn | |---|---| | gross domestic product at market prices | 600 | | indirect taxes | 100 | | subsidies | 50 | What is the value of gross domestic product at basic prices?

  1. A$500bn
  2. B$550bn
  3. C$650bn
  4. D$700bn

As printed in the paper

Show the answer

Correct answer: B. $550bn

Sit this whole paper →More on National income statistics

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.