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Use the information in the table below to answer Q.3.1 to Q.3.3:

GDP at market prices R397bn

Net primary income payments to the rest of

the world

R37bn

Indirect taxes R23bn

Subsidies R11bn

20 2020

© The Independent Institute of Education (Pty) Ltd 2020

Page 7 of 7

Consumption of fixed capital R32bn

Q.3.1 Calculate the value of gross national income (GNI) at market prices.

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