Gce Model Questions Vol1 2018 Economics Question 48
Practice objective / multiple choice question 48 from the 2018 Gce Model Questions Vol1 Economics examination.
Using the income approach, calculate the country's Gross Domestic Product (GDP). The following annual data (in millions of currency units) are given: wages \(= 500\), rent \(= 200\), interest \(= 150\), profits \(= 300\), indirect taxes \(= 80\), subsidies \(= 20\), and depreciation \(= 70\).
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About This Question
This is Gce Model Questions Vol1 2018 Economics Question 48. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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