Post Utme Lautech 2020 Economics Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Lautech Economics examination.

Post Utme Lautech 2020 Economics Objective / Multiple Choice
Question 4 POST_UTME_LAUTECH • 2020 • ECONOMICS • objective

A country's GDP is ₦500 billion and its GNP is ₦550 billion. What is the value of its net factor income from abroad?

Answer Options

A. ₦25 billion
B. ₦50 billion
C. ₦75 billion
Correct Answer D. ₦100 billion
Correct Answer
D
Correct Option:
₦100 billion

About This Question

This is Post Utme Lautech 2020 Economics Question 4. It is one of the objective questions from the 2020 Post Utme Lautech Economics examination.

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