Post Utme Lasu 2024 Economics Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Lasu Economics examination.

Post Utme Lasu 2024 Economics Objective / Multiple Choice
Question 7 POST_UTME_LASU • 2024 • ECONOMICS • objective

A country's GDP is $100 billion, its GNP is $120 billion, and its net factor income from abroad is $10 billion. What is the country's net national income?

Answer Options

Correct Answer A. $130 billion
B. $120 billion
C. $110 billion
D. $100 billion
Correct Answer
A
Correct Option:
$130 billion

About This Question

This is Post Utme Lasu 2024 Economics Question 7. It is one of the objective questions from the 2024 Post Utme Lasu 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