Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

How can GDP at market prices be worked out when GDP at factor cost is already known?

  • Aadd taxes, add subsidies
  • Badd taxes, subtract subsidies
  • Csubtract taxes, add subsidies
  • Dsubtract taxes, subtract subsidies

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI