Post Utme Esut 2019 Economics Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Esut Economics examination.

Post Utme Esut 2019 Economics Objective / Multiple Choice
Question 29 POST_UTME_ESUT • 2019 • ECONOMICS • objective

A country's GDP is calculated as the sum of the value of all final goods and services produced within its borders. If a country's GDP is ₦100 billion and its GNP is ₦120 billion, what is the value of net factor income from abroad?

Answer Options

Correct Answer A. ₦20 billion
B. ₦30 billion
C. ₦40 billion
D. ₦50 billion
Correct Answer
A
Correct Option:
₦20 billion

About This Question

This is Post Utme Esut 2019 Economics Question 29. It is one of the objective questions from the 2019 Post Utme Esut Economics examination.

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