Post Utme Christopher University 2025 Economics Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2025 Economics Objective / Multiple Choice
Question 23 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • ECONOMICS • objective

A country's national income is measured by its gross domestic product (GDP). What is the primary difference between GDP and gross national product (GNP)?

Answer Options

A. GDP includes income earned by foreign residents, while GNP excludes income earned by domestic residents.
Correct Answer B. GDP excludes income earned by foreign residents, while GNP includes income earned by domestic residents.
C. GDP includes income earned by domestic residents, while GNP excludes income earned by foreign residents.
D. GDP excludes income earned by domestic residents, while GNP includes income earned by foreign residents.
Correct Answer
B
Correct Option:
GDP excludes income earned by foreign residents, while GNP includes income earned by domestic residents.

About This Question

This is Post Utme Christopher University 2025 Economics Question 23. It is one of the objective questions from the 2025 Post Utme Christopher University Economics examination.

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