Post Utme Crawford University 2020 Economics Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2020 Economics Objective / Multiple Choice
Question 22 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • ECONOMICS • objective

A country's GDP is calculated as the sum of all final goods and services produced within its borders. If a firm imports raw materials worth ₦100,000, but exports finished goods worth ₦150,000, what is the net contribution to the country's GDP?

Answer Options

Correct Answer A. ₦50,000
B. ₦0
C. ₦100,000
D. ₦150,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Crawford University 2020 Economics Question 22. It is one of the objective questions from the 2020 Post Utme Crawford University Economics examination.

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