Waec Model Questions Vol1 2018 Economics Question 22
Practice objective / multiple choice question 22 from the 2018 Waec Model Questions Vol1 Economics examination.
A country recorded a Gross Domestic Product (GDP) of ₦4.5 trillion. Its Gross National Product (GNP) is known to be 10% higher than GDP. Depreciation (consumption of fixed capital) equals 5% of GNP. The population is 5 million people. Determine the Net National Product (NNP) per capita, expressed in million Naira, rounded to two decimal places.
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About This Question
This is Waec Model Questions Vol1 2018 Economics Question 22. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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