A-LevelEconomicsThe macroeconomy9708/12 · Feb/Mar 2024 · Q171 Mark

According to the circular flow of income, what would be the immediate result of an increase in the value of a country's exports?

Aimports would increase

Bnational income would increase

Csavings would increase

Dtaxes would increase

✓ Correct answer

B: national income would increase

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2024 Paper 1 Variant 2, question 17.

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