Waec Model Questions Vol1 2024 Economics Question 6
Practice objective / multiple choice question 6 from the 2024 Waec Model Questions Vol1 Economics examination.
The following data are for a country in a given year: GDP at market price = ₦8,500 billion, indirect taxes = ₦600 billion, subsidies = ₦150 billion, depreciation = ₦500 billion, and net factor income from abroad = -₦200 billion (net outflow). Calculate the Net National Income (NNI) at factor cost for that year.
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About This Question
This is Waec Model Questions Vol1 2024 Economics Question 6. It is one of the objective questions from the 2024 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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