Post Utme Igbinedion University 2018 Economics Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2018 Economics Objective / Multiple Choice
Question 39 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • ECONOMICS • objective

Consider a country with a GDP of ₦10 trillion and a GNP of ₦12 trillion. If the country's population is 200 million, calculate the per capita income in naira. Assume that the GDP and GNP are measured at market prices.

Answer Options

A. ₦50,000
Correct Answer B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Igbinedion University 2018 Economics Question 39. It is one of the objective questions from the 2018 Post Utme Igbinedion University Economics examination.

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