Post Utme Elizade University 2017 Economics Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2017 Economics Objective / Multiple Choice
Question 5 POST_UTME_ELIZADE_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GNP is given by the equation GNP = GDP + (net factor income from abroad). If the country's GDP is ₦100 billion, and the net factor income from abroad is ₦10 billion, what is the country's GNP?

Answer Options

A. ₦100 billion
B. ₦110 billion
Correct Answer C. ₦120 billion
D. ₦130 billion
Correct Answer
C
Correct Option:
₦120 billion

About This Question

This is Post Utme Elizade University 2017 Economics Question 5. It is one of the objective questions from the 2017 Post Utme Elizade University Economics examination.

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