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2.1 The measurement of macroeconomic performance

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Question 31

The table below shows selected national accounts data for an economy in 2023.

National Accounts ComponentValue (£ billion)
Gross wages and salaries320
Income from self-employment80
Rent, interest and dividends received by households50
Direct taxes on household income95
Social security contributions paid by households35
State pension and welfare benefit payments received65
Net primary income from the rest of the world20

What is the value of household disposable income for this economy?

£385 billion

£420 billion

£320 billion

£405 billion

2.1 The measurement of macroeconomic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 The measurement of macroeconomic performance