Post Utme Esut 2021 Economics Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Esut Economics examination.

Post Utme Esut 2021 Economics Objective / Multiple Choice
Question 5 POST_UTME_ESUT • 2021 • ECONOMICS • objective

A country's national income is calculated as the sum of all wages, rents, and profits earned by its citizens. If the country's GDP is ₦10 trillion and the depreciation is ₦500 billion, what is the country's national income?

Answer Options

A. ₦9.5 trillion
B. ₦10 trillion
Correct Answer C. ₦10.5 trillion
D. ₦11 trillion
Correct Answer
C
Correct Option:
₦10.5 trillion

About This Question

This is Post Utme Esut 2021 Economics Question 5. It is one of the objective questions from the 2021 Post Utme Esut Economics examination.

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