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Kasneb Question Paper

Kasneb

Course:Economics

Institution: Kasneb question papers

Exam Year:2006

(a) Define the concept of “national income”. (2 marks)

(b) Briefly explain how national income is measured. (6 marks)

(c) Give reasons why it is difficult to compare the national income of one country with the
national income of another country. (6 marks)

(d) Outline the factors that determine the level of national income of a
country. (6 marks)
(Total: 20 marks)

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