A-LevelEconomicsThe macroeconomy9708/12 · Oct/Nov 2023 · Q201 Mark

For a given year, economy X publishes the following. Gross Domestic Product (GDP) $bn 100 factor income earned by residents of economy X working in foreign countries 10 factor income earned in economy X by non-residents 25 What is the size of the Gross National Income (GNI) for country X?

A$75bn

B$85bn

C$110bn

D$115bn

✓ Correct answer

B: $85bn

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2023 Paper 1 Variant 2, question 20.

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