Cambridge International (CAIE) Economics past paper questions: National income statistics

Multiple choice questions

1. AS Paper 1, June 2025, Q20

   The table shows figures estimated at the end of a train drivers’ strike. What was the reduction in the recorded level of national income resulting from the strike?

2. AS Paper 1, March 2025, Q19

   The money income of a country rises by 10% whereas its population falls by 10% during a year. What is likely to happen to the national income per head?

3. AS Paper 1, November 2024, Q18

   Which items have to be added to and subtracted from Gross Domestic Product at market prices to calculate the value of Gross Domestic Product at basic prices?

4. AS Paper 1, June 2024, Q19

   Which factor explains the difference between GDP and GNI?

5. AS Paper 1, March 2024, Q15

   The table shows real GDP expressed as an index number in each quarter of 2021. What can be concluded from the table?

6. AS Paper 1, November 2023, Q20

   For a given year, economy X publishes the following. What is the size of the Gross National Income (GNI) for country X?

7. AS Paper 1, June 2023, Q20

   What is used to convert nominal GDP to real GDP?

8. AS Paper 1, March 2023, Q16

   The table shows selected information from a country’s national accounts. What is the country’s net national income?