Post Utme Bells University 2023 Economics Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Bells University Economics examination.

Post Utme Bells University 2023 Economics Objective / Multiple Choice
Question 34 POST_UTME_BELLS_UNIVERSITY • 2023 • ECONOMICS • objective

The following table shows the value of imports and exports for a country over two years. If the country's GDP is ₦1,500,000,000 and its GNP is ₦1,600,000,000, what is the value of the country's net factor income from abroad?

Answer Options

A. ₦100,000,000
Correct Answer B. ₦150,000,000
C. ₦200,000,000
D. ₦250,000,000
Correct Answer
B
Correct Option:
₦150,000,000

About This Question

This is Post Utme Bells University 2023 Economics Question 34. It is one of the objective questions from the 2023 Post Utme Bells 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