Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

During a given year, economy X reports these figures: GDP $100bn; factor income earned by residents of economy X working in foreign countries $10bn; factor income earned in economy X by non-residents $25bn. What is the size of the Gross National Income (GNI) for country X?

  • A$75bn
  • B$85bn
  • C$110bn
  • D$115bn

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