Post Utme Crawford University 2018 Economics Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2018 Economics Objective / Multiple Choice
Question 29 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP is ₦10,000 and its GNP is ₦12,000. U\sing the concept of GDP and GNP, explain why the country's GNP is greater than its GDP.

Answer Options

Correct Answer A. The country has a high level of foreign investment, leading to a high GNP.
B. The country has a high level of domestic production, leading to a high GDP.
C. The country has a high level of imports, leading to a high GNP.
D. The country has a high level of exports, leading to a high GNP.
Correct Answer
A
Correct Option:
The country has a high level of foreign investment, leading to a high GNP.

About This Question

This is Post Utme Crawford University 2018 Economics Question 29. It is one of the objective questions from the 2018 Post Utme Crawford University Economics examination.

View More Post Utme Crawford University 2018 Economics Questions More Post Utme Crawford University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support