Answer: Gross National Income (GNI) at market prices is equal to GDP at market prices plus primary income from the rest of the world minus primary income to the rest of the world. Rearranging this equation, we can solve for primary income to the rest of the world as follows:
Primary income to the rest of the world = GDP at market prices + primary income from the rest of the world - GNI at market prices
Substituting the values given in your message, we get:
Primary income to the rest of the world = 5,000,000 + 200,000 - 4,500,000
= 700,000
Therefore, the total primary income to the rest of the world in 20X1 is 700,000 (in millions).
Step-by-step explanation: Hope this helps you :)