Gce Model Questions Vol1 2017 Economics Question 36
Practice objective / multiple choice question 36 from the 2017 Gce Model Questions Vol1 Economics examination.
Using the income approach, calculate the Net National Income at factor cost given the following data (all values in \(\text{£}\) billions): Consumption = \(500\), Investment = \(200\), Government spending = \(300\), Exports = \(150\), Imports = \(120\), Net factor income from abroad = \(30\), Depreciation = \(80\), Indirect taxes = \(50\), Subsidies = \(20\).
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About This Question
This is Gce Model Questions Vol1 2017 Economics Question 36. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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