Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

The figures in the table come from a country’s national income accounts: consumer expenditure $250m, investment $100m, government expenditure $150m, exports $100m, imports $150m, taxes $80m, subsidies $40m. What is the value of national income at factor cost in $ million?

  • A410
  • B450
  • C500
  • D550

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