Economics 9708 · AS & A Level · 6.3

6.3 — practice question

For years 1–3, the data provided are GDP at market prices and domestic spending figures (GDP: 630,650,680; private consumption: 460,470,480; government consumption: 140,160,170; gross investment: 20,30,50). In which of these years will the country have a balance of trade deficit?

  • Ayear1: no; year2: no; year3: yes
  • Byear1: yes; year2: yes; year3: no
  • Cyear1: no; year2: yes; year3: yes
  • Dyear1: yes; year2: no; year3: no

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