Waec Model Questions Vol1 2023 Economics Question 24

Practice objective / multiple choice question 24 from the 2023 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2023 Economics Objective / Multiple Choice Medium Difficulty
Question 24 WAEC_MODEL_QUESTIONS_VOL1 • 2023 • ECONOMICS • objective

Given the following data for a country (in billions of Naira): wages = 500, rent = 120, interest = 80, profits = 300, indirect taxes = 150, subsidies = 30, depreciation = 100, net factor income from abroad = -20. Compute the Net National Income (NNI).

Answer Options

A. 850
B. 950
C. 1100
Correct Answer D. 1000
Correct Answer
D
Correct Option:
1000

About This Question

This is Waec Model Questions Vol1 2023 Economics Question 24. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Economics examination.

Difficulty level: Medium .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support