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A-LevelEconomicsThe macroeconomy9708/32 · Feb/Mar 2019 · Q191 Mark

The information in the table is taken from a country's national income accounts. $ million consumer expenditure 250 investment expenditure 100 government expenditure 150 exports 100 imports 150 taxes 80 subsidies 40

  1. What is the value of national income at factor cost in $ million? A 410 B 450 C 500 D 550[1]

Mark scheme

Marking points from the official mark scheme (Feb/Mar 2019). The mark or mark type is shown in brackets.

  1. [1] A

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About this question

Topic
The macroeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source
A-Level Economics, Feb/Mar 2019 Paper 3 Variant 2, question 19.

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