The table below shows selected national accounts data for an economy in 2023.
| National Accounts Component | Value (£ billion) |
|---|---|
| Gross wages and salaries | 320 |
| Income from self-employment | 80 |
| Rent, interest and dividends received by households | 50 |
| Direct taxes on household income | 95 |
| Social security contributions paid by households | 35 |
| State pension and welfare benefit payments received | 65 |
| Net primary income from the rest of the world | 20 |
What is the value of household disposable income for this economy?
£385 billion
£420 billion
£320 billion
£405 billion
187 exam-style questions on AQA A Level Economics 2.1 The measurement of macroeconomic performance, covering 2.1.1 The objectives of government economic policy, 2.1.2 Macroeconomic indicators, 2.1.3 Uses of index numbers, and 2.1.4 Uses of national income data (A-level only). Each one has a worked solution and a mark scheme showing where the marks go.