Post Utme Covenant University 2024 Economics Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2024 Economics Objective / Multiple Choice
Question 32 POST_UTME_COVENANT_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GDP is 100 billion naira, its GNP is 120 billion naira, and its national income is 110 billion naira. What is the value of the net factor income from abroad?

Answer Options

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

About This Question

This is Post Utme Covenant University 2024 Economics Question 32. It is one of the objective questions from the 2024 Post Utme Covenant University Economics examination.

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