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CAIE A-Level Economics AS 4.1 National Income Statistics Questions

Practise selecting items for national income, converting GDP between basic and market prices and moving from gross to net or domestic to national measures.

Syllabus
2026–2028
Course
Economics 9708
Level
AS

Exam points

  • exclude transfers and unpaid benefits while including recorded factor incomes and output
  • convert market-price GDP to basic prices by subtracting indirect taxes and adding subsidies
  • derive GNI or NNI using net overseas income and capital consumption in the correct direction

Covered syllabus points

4.1.1—National income4.1.2—GDP, GNI and NNI4.1.3—Market to basic prices4.1.4—Gross to net values

Question 1

[Maximum number: 1]

What is not included in the measurement of national income?

A

dividends paid to shareholders

B

overtime payments

C

rents from government-owned houses

D

welfare benefit payments

Question 2

[Maximum number: 1]

For a given year, economy X publishes the following.

Table for Question 2 — CAIE A-Level Economics AS

What is the size of the Gross National Income (GNI) for country X?

A

$ 75 bn

B

$ 85 bn

C

$ 110 bn

D

$ 115 bn

Question 3

[Maximum number: 1]

The table below shows some national income statistics.

Table for Question 3 — CAIE A-Level Economics AS

What is GDP at market prices?

A

$ 276 b n

B

$ 284 bn

C

$ 316 bn

D

$ 324 bn

All question bank results loaded