Post Utme Elizade University 2024 Economics Question 26

Practice objective / multiple choice question 26 from the 2024 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2024 Economics Objective / Multiple Choice
Question 26 POST_UTME_ELIZADE_UNIVERSITY • 2024 • ECONOMICS • objective

Consider a country with a GDP of ₦10 trillion and a population of 200 million. If the average GDP per capita is ₦50,000, what is the implied value of the country's GNP?

Answer Options

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

About This Question

This is Post Utme Elizade University 2024 Economics Question 26. It is one of the objective questions from the 2024 Post Utme Elizade University Economics examination.

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