After a company merger, a director is made redundant. He had been paid a salary of $80 000. He has an entitlement to an annual private pension of $30 000. In the first year after becoming redundant, he gains $40 000 from consultancy fees and cuts his spending by $8000 by dismissing his gardener. What is the change in measured national income in that first year?
- A+ $70 000
- B+ $60 000
- C- $80 000
- D- $18 000