Question 28
National IncomeWhich of the following is a factor affecting the size of national income?
- A.size of the active population
- B.Taste of the consumers
- C.Number of registered trade unions
- D.Credit-worthiness of the neighbouring countries
- E.Regularity of payment of national debt
Show the answer and explanation
Answer: A (size of the active population)
Explanation
A larger active (working) population produces more goods and services, raising national income.