Paper 3 question on calculating national income
IB Economics Paper 3 includes two compulsory questions. This is a sample Paper 3 question. The time allowed for Paper 3 is 105 minutes, so students should spend 52.5 minutes on each question. This Paper 3 style question is on calculating national income. The following table represents the 2024 data for a rapidly growing developing nation. Table 1 Variable $ (billions) 325.6 53.9 89.1 55.4 78.5 118.7 12.3 29.6 (a) (i)...