Post Utme Elizade University 2018 Economics Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2018 Economics Objective / Multiple Choice
Question 28 POST_UTME_ELIZADE_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP is given by GDP = 100 + 0.5Y + 0.01Y^2, where Y is the level of real GDP. If the country's GNP is given by GNP = 120 - 0.2Y + 0.005Y^2, what is the country's net factor income from abroad?

Answer Options

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

About This Question

This is Post Utme Elizade University 2018 Economics Question 28. It is one of the objective questions from the 2018 Post Utme Elizade University Economics examination.

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