Post Utme Caleb University 2018 Economics Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2018 Economics Objective / Multiple Choice
Question 20 POST_UTME_CALEB_UNIVERSITY • 2018 • ECONOMICS • objective

The Gross Domestic Product (GDP) of a country is $100 billion. The Gross National Product (GNP) is $120 billion. What is the net factor income from abroad?

Answer Options

A. $10 billion
Correct Answer B. $20 billion
C. $30 billion
D. $40 billion
Correct Answer
B
Correct Option:
$20 billion

About This Question

This is Post Utme Caleb University 2018 Economics Question 20. It is one of the objective questions from the 2018 Post Utme Caleb 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