Post Utme Eksu 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Eksu Economics examination.

Post Utme Eksu 2021 Economics Objective / Multiple Choice
Question 24 POST_UTME_EKSU • 2021 • ECONOMICS • objective

Consider a closed economy with a GDP of $100 billion and a GNP of $120 billion. What is the value of net factor income from abroad?

Answer Options

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

About This Question

This is Post Utme Eksu 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Eksu Economics examination.

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