Post Utme Caleb University 2024 Economics Question 16

Practice objective / multiple choice question 16 from the 2024 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2024 Economics Objective / Multiple Choice
Question 16 POST_UTME_CALEB_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GNP is given by the equation GNP = GDP + (net factor income from abroad). If the country's GDP is ₦5 trillion, and if the net factor income from abroad is ₦200 billion, what is the country's GNP?

Answer Options

Correct Answer A. ₦5.2 trillion
B. ₦5.3 trillion
C. ₦5.4 trillion
D. ₦5.5 trillion
Correct Answer
A
Correct Option:
₦5.2 trillion

About This Question

This is Post Utme Caleb University 2024 Economics Question 16. It is one of the objective questions from the 2024 Post Utme Caleb University Economics examination.

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