Post Utme Lead City University 2024 Economics Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2024 Economics Objective / Multiple Choice
Question 38 POST_UTME_LEAD_CITY_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GDP is calculated as the sum of all final goods and services produced within its borders. If a firm imports raw materials worth ₦100,000 and produces a final good worth ₦200,000, what is the contribution of this firm to the country's GDP?

Answer Options

A. ₦0
B. ₦100,000
Correct Answer C. ₦200,000
D. ₦300,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Lead City University 2024 Economics Question 38. It is one of the objective questions from the 2024 Post Utme Lead City University Economics examination.

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