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2.4 National income

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Question 13

Table 1: Gross National Income of Country Z ($ billion)

YearGross National Income ($ billion)
20201,450
20211,580
20221,520
20231,667.5

Which one of the following represents the ratio of Gross National Income in 2020 to Gross National Income in 2023?

A

1:0.871 : 0.871:0.87

B

1:1.051 : 1.051:1.05

C

1:1.151 : 1.151:1.15

D

1:1.251 : 1.251:1.25

Markscheme

2.4 National income Questions

  1. A Level
  2. /Economics
  3. /2.4 National income

75 exam-style questions on Edexcel A A Level Economics 2.4 National income, covering 2.4.1 National income, 2.4.2 Injections and withdrawals, 2.4.3 Equilibrium levels of real national output, and 2.4.4 The multiplier. Each one has a worked solution and a mark scheme showing where the marks go.

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