Post Utme Covenant University 2017 Economics Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2017 Economics Objective / Multiple Choice
Question 24 POST_UTME_COVENANT_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GNP is $120 billion, its net factor income from abroad is $10 billion, and its GDP is $110 billion. What is its national income?

Answer Options

A. $130 billion
B. $140 billion
C. $150 billion
Correct Answer D. $160 billion
Correct Answer
D
Correct Option:
$160 billion

About This Question

This is Post Utme Covenant University 2017 Economics Question 24. It is one of the objective questions from the 2017 Post Utme Covenant University Economics examination.

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