Post Utme Lasu 2018 Economics Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Lasu Economics examination.

Post Utme Lasu 2018 Economics Objective / Multiple Choice
Question 25 POST_UTME_LASU • 2018 • ECONOMICS • objective

A country's national income is given by N = W + I + \( G - T \), where N is the national income, W is the wage income, I is the investment, G is the government exp\enditure and T is the tax revenue. If the wage income is ₦50 billion, the investment is ₦20 billion, the government exp\enditure is ₦30 billion and the tax revenue is ₦10 billion, what is the national income?

Answer Options

A. 80
B. 90
Correct Answer C. 100
D. 110
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Lasu 2018 Economics Question 25. It is one of the objective questions from the 2018 Post Utme Lasu Economics examination.

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