Post Utme Afe Babalola University 2017 Economics Question 21

Practice objective / multiple choice question 21 from the 2017 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2017 Economics Objective / Multiple Choice
Question 21 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ECONOMICS • objective

Consider a country with a GDP of ₦1.2 trillion and a GNP of ₦1.3 trillion. If the net factor income from abroad is ₦50 billion, what is the value of the country's net domestic product?

Answer Options

Correct Answer A. ₦1.25 trillion
B. ₦1.3 trillion
C. ₦1.35 trillion
D. ₦1.4 trillion
Correct Answer
A
Correct Option:
₦1.25 trillion

About This Question

This is Post Utme Afe Babalola University 2017 Economics Question 21. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Economics examination.

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