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

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter15: Gross Domestic Product
Section: Chapter Questions
Problem 9SQP
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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

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