Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

The figures are drawn from a country’s national income accounts. $ million: gross domestic product at market prices 200000; gross value added at basic prices 180000; subsidies 5000; capital consumption 30000. What conclusion can be drawn from the income accounts?

  • Anet domestic product at market prices: 170 000; indirect tax revenue: 15 000
  • Bnet domestic product at market prices: 170 000; indirect tax revenue: 25 000
  • Cnet domestic product at market prices: 150 000; indirect tax revenue: 15 000
  • Dnet domestic product at market prices: 150 000; indirect tax revenue: 25 000

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