Use the information in the table below to answer questions 6 and 7: GDP at market prices R378bn Net primary income payments to the rest of the world R37 bn In direct taxes R51bn Subsidies R12 bn Consumption of fixed capital R43 bn GDP at factor cost is R339 bn True False The value of Gross National Income (GNI) at market prices is:R341 bn
Use the information in the table below to answer questions 6 and 7: GDP at market prices R378bn Net primary income payments to the rest of the world R37 bn In direct taxes R51bn Subsidies R12 bn Consumption of fixed capital R43 bn GDP at factor cost is R339 bn True False The value of Gross National Income (GNI) at market prices is:R341 bn
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Use the information in the table below to answer questions 6 and 7:
GDP at market prices |
R378bn |
Net primary income payments to the rest of the world |
R37 bn |
In direct taxes |
R51bn |
Subsidies |
R12 bn |
Consumption of fixed capital |
R43 bn |
GDP at factor cost is R339 bn
True
False
The value of Gross
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