Post Utme Achievers University 2021 Economics Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2021 Economics Objective / Multiple Choice
Question 4 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ECONOMICS • objective

A country's GNP is calculated as the sum of its GDP plus its net factor income from abroad. If a country's GDP is ₦1 trillion and its net factor income from abroad is ₦100 billion, what is its GNP?

Answer Options

A. ₦1.1 trillion
Correct Answer B. ₦1.2 trillion
C. ₦1.3 trillion
D. ₦1.4 trillion
Correct Answer
B
Correct Option:
₦1.2 trillion

About This Question

This is Post Utme Achievers University 2021 Economics Question 4. It is one of the objective questions from the 2021 Post Utme Achievers University Economics examination.

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