Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

A government statistical office recorded changes in income from employment, pensions and benefits, then deducted income tax and welfare contributions and made an inflation adjustment. What did the resulting figure represent?

  • Achanges in nominal income
  • Bchanges in nominal net earnings
  • Cchanges in real disposable income
  • Dchanges in real gross earnings

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