Post Utme Lasu 2022 Economics Question 5

Practice objective / multiple choice question 5 from the 2022 Post Utme Lasu Economics examination.

Post Utme Lasu 2022 Economics Objective / Multiple Choice
Question 5 POST_UTME_LASU • 2022 • ECONOMICS • objective

A country's GNP is given by the equation GNP = GDP + (net factor income from abroad). If the country's GDP is 100 billion and the net factor income from abroad is 20 billion, what is the country's GNP?

Answer Options

Correct Answer A. 120 billion
B. 100 billion
C. 80 billion
D. 60 billion
Correct Answer
A
Correct Option:
120 billion

About This Question

This is Post Utme Lasu 2022 Economics Question 5. It is one of the objective questions from the 2022 Post Utme Lasu Economics examination.

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