Primary income
What Primary income means in Economics A-Level, as defined for AQA.
Definitions of Primary income
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Reference: AQA
Records the flow of investment income, including dividends earned by UK residents from overseas shares and interest payments on foreign debt.
Earnings from overseas investments, such as dividends and interest, and rewards for factors of production.
Topics that use Primary income
- The balance of payments (AQA A-Level)
Related terms
- Balance of payments
- Capital account
- Competitiveness
- Current account
- Current account deficit
- Exchange rates
- Expenditure-reducing policies
- Expenditure-switching policies
Using Primary income in the exam
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