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2.4 National income

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Question 14

The table below shows the Gross National Income (GNI) of Astoria over a four-year period.

Gross National Income of Astoria (£ billion)

YearGross National Income (£ billion)
20202 400
20212 450
20222 380
20232 646

Which one of the following represents the ratio of Gross National Income in 2021 to Gross National Income in 2023?

A

1:0.931 : 0.931:0.93

B

1:1.081 : 1.081:1.08

C

1:1.101 : 1.101:1.10

D

1:1.111 : 1.111:1.11

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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