Post Utme Joseph Ayo Babalola University 2020 Economics Question 1

Practice objective / multiple choice question 1 from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2020 Economics Objective / Multiple Choice
Question 1 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

Consider a country with a GDP of ₦10 trillion and a GNP of ₦12 trillion. What is the difference between the GNP and GDP, and what does this difference represent?

Answer Options

Correct Answer A. ₦2 trillion
B. ₦1 trillion
C. ₦0.5 trillion
D. ₦0.1 trillion
Correct Answer
A
Correct Option:
₦2 trillion

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Economics Question 1. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

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