Post Utme Lasu 2021 Economics Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Lasu Economics examination.

Post Utme Lasu 2021 Economics Objective / Multiple Choice
Question 27 POST_UTME_LASU • 2021 • ECONOMICS • objective

A country's GDP is given by the following equation:

Answer Options

A. The country's GDP is equal to its national income.
Correct Answer B. The country's GDP is equal to its national income plus the value of net exports.
C. The country's GDP is equal to its national income minus the value of net imports.
D. The country's GDP is equal to its national income plus the value of net imports.
Correct Answer
B
Correct Option:
The country's GDP is equal to its national income plus the value of net exports.

About This Question

This is Post Utme Lasu 2021 Economics Question 27. It is one of the objective questions from the 2021 Post Utme Lasu Economics examination.

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