Waec Model Questions Vol1 2018 Economics Question 8
Practice objective / multiple choice question 8 from the 2018 Waec Model Questions Vol1 Economics examination.
Using the income approach, compute the National Income (NI) for an economy with the following data (in ₦ billions): Consumption = 500, Investment = 150, Government spending = 200, Exports = 80, Imports = 120, Indirect taxes = 50, Subsidies = 20, Depreciation = 80, Net factor income from abroad = -10.
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About This Question
This is Waec Model Questions Vol1 2018 Economics Question 8. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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