Post Utme Igbinedion University 2020 Economics Question 31

Practice objective / multiple choice question 31 from the 2020 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2020 Economics Objective / Multiple Choice
Question 31 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • ECONOMICS • objective

A country's GDP at market price is ₦10,000,000,000. If the country's net factor income from abroad is ₦2,000,000,000, what is the country's GDP at factor \cost?

Answer Options

Correct Answer A. ₦8,000,000,000
B. ₦10,000,000,000
C. ₦12,000,000,000
D. ₦14,000,000,000
Correct Answer
A
Correct Option:
₦8,000,000,000

About This Question

This is Post Utme Igbinedion University 2020 Economics Question 31. It is one of the objective questions from the 2020 Post Utme Igbinedion University Economics examination.

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