CAIE A-Level Economics AS 4.1.4 Gross to Net Values Questions

Practise converting gross domestic and national income to net measures by accounting for depreciation and net property income from abroad in exam-style questions.

Exam points

Calculate gross and net national income measures by applying depreciation and net property income from abroad adjustments to GDP.

[Maximum number: 1]

A country's net national income (NNI) is less than its gross national income (GNI).
What does this mean?

incomes earned overseas were less than incomes sent overseas

inflation has been accounted for in NNI but not in GNI

the country's exports decreased

there has been a net depreciation in the value of the country's fixed capital assets

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CAIE A-Level Economics AS 4.1.4 Gross to Net Values Questions question 1