Post Utme Ksu 2018 Economics Question 1

Practice objective / multiple choice question 1 from the 2018 Post Utme Ksu Economics examination.

Post Utme Ksu 2018 Economics Objective / Multiple Choice
Question 1 POST_UTME_KSU • 2018 • ECONOMICS • objective

Consider a country with a GDP of ₦10 trillion and a population of 200 million. If the GDP per capita is ₦50,000, what is the implied average annual income per person in the country?

Answer Options

A. ₦100,000
Correct Answer B. ₦50,000
C. ₦25,000
D. ₦10,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Ksu 2018 Economics Question 1. It is one of the objective questions from the 2018 Post Utme Ksu 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