Post Utme Coal City University 2019 Economics Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2019 Economics Objective / Multiple Choice
Question 40 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

The concept of national income accounting is impor\tant in unders\tanding the performance of an economy. Which of the following is a correct statement about national income accounting?

Answer Options

Correct Answer A. National income accounting is a system of accounts that measures the income and exp\enditure of an economy.
B. National income accounting is a system of accounts that measures the output and employment of an economy.
C. National income accounting is a system of accounts that measures the price level and inflation of an economy.
D. National income accounting is a system of accounts that measures the balance of payments of an economy.
Correct Answer
A
Correct Option:
National income accounting is a system of accounts that measures the income and exp\enditure of an economy.

About This Question

This is Post Utme Coal City University 2019 Economics Question 40. It is one of the objective questions from the 2019 Post Utme Coal City University Economics examination.

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