Post Utme Igbinedion University 2020 Economics Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2020 Economics Objective / Multiple Choice
Question 39 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • ECONOMICS • objective

A country's national income is calculated as the sum of all income earned by its citizens. Which of the following is NOT a component of a country's national income?

Answer Options

A. Wages and salaries
B. Rent and interest
Correct Answer C. Depreciation of capital assets
D. Transfer payments
Correct Answer
C
Correct Option:
Depreciation of capital assets

About This Question

This is Post Utme Igbinedion University 2020 Economics Question 39. It is one of the objective questions from the 2020 Post Utme Igbinedion University Economics examination.

View More Post Utme Igbinedion University 2020 Economics Questions More Post Utme Igbinedion University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support