Post Utme Lead City University 2017 Economics Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2017 Economics Objective / Multiple Choice
Question 36 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • ECONOMICS • objective

Consider a country with a GDP of ₦10 trillion and a population of 200 million. If the country's GDP per capita is ₦50,000, what is the implied value of the country's GNP?

Answer Options

A. ₦10 trillion
Correct Answer B. ₦20 trillion
C. ₦30 trillion
D. ₦40 trillion
Correct Answer
B
Correct Option:
₦20 trillion

About This Question

This is Post Utme Lead City University 2017 Economics Question 36. It is one of the objective questions from the 2017 Post Utme Lead City University Economics examination.

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