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National Income Aggregates & GDP · Question 2 of 69

Question 2

EasyOriginal question

Net factor income from abroad is

exports − importsCorrect answerYour answerremittances received − remittances sentCorrect answerYour answerforeign investment received − foreign investment madeCorrect answerYour answerfactor income earned by residents abroad − factor income earned by non-residents in the domestic territoryCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

NFIA nets the factor incomes that cross the border in both directions.

Concept: Net factor income from abroad
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsDomestic and national: NFIA

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Ten questions from National Income Aggregates & GDP, at your own pace.

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