Gce Model Questions Vol1 2022 Economics Question 33
Practice objective / multiple choice question 33 from the 2022 Gce Model Questions Vol1 Economics examination.
The following data are for a closed economy: wages = £500, profits = £300, rent = £150, interest = £50, indirect taxes = £150, subsidies = £30, and transfer payments = £200. Using the income approach, calculate the economy's disposable income.
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About This Question
This is Gce Model Questions Vol1 2022 Economics Question 33. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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