Post Utme Joseph Ayo Babalola University 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 24 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP is calculated as the sum of the value of all final goods and services produced within the country. If a country's GDP is ₦10,000,000,000 and its GNP is ₦12,000,000,000, what is the difference between the two?

Answer Options

Correct Answer A. ₦2,000,000,000
B. ₦2,000,000,000
C. ₦2,000,000,000
D. ₦2,000,000,000
Correct Answer
A
Correct Option:
₦2,000,000,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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