Waec Model Questions Vol1 2021 Economics Question 7

Practice objective / multiple choice question 7 from the 2021 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2021 Economics Objective / Multiple Choice Medium Difficulty
Question 7 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • ECONOMICS • objective

The following data are for a country in a given year: Consumption = ₦1,500 billion, Investment = ₦300 billion, Government spending = ₦500 billion, Exports = ₦200 billion, Imports = ₦250 billion, Net factor income from abroad = -₦30 billion, Depreciation = ₦120 billion. Calculate the Net National Product (NNP) at market prices for that year.

Answer Options

Correct Answer A. 2100
B. 1900
C. 2150
D. 2000
Correct Answer
A
Correct Option:
2100

About This Question

This is Waec Model Questions Vol1 2021 Economics Question 7. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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