Post Utme Bells University 2018 Economics Question 30
Practice objective / multiple choice question 30 from the 2018 Post Utme Bells University Economics examination.
A country's GNP is given by the equation GNP = GDP + (net factor income from abroad), where GDP is the country's GDP and net factor income from abroad is the difference between the country's earnings from abroad and its payments to foreigners. If the country's GDP is $100 billion and its net factor income from abroad is $10 billion, what is the country's GNP?
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About This Question
This is Post Utme Bells University 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Bells University Economics examination.
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