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GCE Economics 2023 Objective — Question 32

Question 32 of 50 from the General Certificate of Education (GCE) Economics 2023 Objective paper, with the correct answer and a full explanation.

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National income is calculated mainly to

  • A. determine how income is to be shared
  • B. help firms generate more funds
  • C. determine the level of sectoral performanceCorrect
  • D. determine aid to be received from other nations

Explanation

National income is calculated to determine the contribution or level of sectoral performance to the economy of a country, among other reasons.

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