Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

The table presents estimates made when the train drivers’ strike had ended. $ (000s) revenue lost from train journeys 600 value attributed to the extra leisure time of the strikers 20 government tax revenue lost 40 overtime pay for police 30 By how much did the strike reduce the measured level of national income?

  • A$570 000
  • B$610 000
  • C$640 000
  • D$690 000

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