Post Utme Lasu 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice
Question 14 POST_UTME_LASU • 2025 • ECONOMICS • objective

A country's national income is calculated as the sum of all wages, rents, and profits earned by its citizens. If a country's GDP is ₦100 billion and its net foreign income is ₦10 billion, what is its national income?

Answer Options

A. ₦110 billion
Correct Answer B. ₦120 billion
C. ₦130 billion
D. ₦140 billion
Correct Answer
B
Correct Option:
₦120 billion

About This Question

This is Post Utme Lasu 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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