Question 11 – Aggregate demand and aggregate supply - Questions

The following national income and balance of payments data are recorded for a country in a given year:

Gross Domestic Product (GDP): $billion400\text{ billion}$
Investment income received from foreign assets: $billion35\text{ billion}$
Investment income paid to foreign investors: $billion50\text{ billion}$
Remittance inflows from citizens working abroad: $billion15\text{ billion}$
Remittance outflows from foreign workers to their home countries: $billion8\text{ billion}$

What is the country's Gross National Income (GNI) for this year?

$billion385\text{ billion}$

$billion392\text{ billion}$

$billion408\text{ billion}$

$billion450\text{ billion}$

The following national income and balance of payments data are recorded for a country in a given year:

Gross Domestic Product (GDP): $billion400\text{ billion}$
Investment income received from foreign assets: $billion35\text{ billion}$
Investment income paid to foreign investors: $billion50\text{ billion}$
Remittance inflows from citizens working abroad: $billion15\text{ billion}$
Remittance outflows from foreign workers to their home countries: $billion8\text{ billion}$

What is the country's Gross National Income (GNI) for this year?

$billion385\text{ billion}$

$billion392\text{ billion}$

$billion408\text{ billion}$

$billion450\text{ billion}$

Aggregate demand and aggregate supply