Post Utme Madonna University 2021 Economics Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2021 Economics Objective / Multiple Choice
Question 18 POST_UTME_MADONNA_UNIVERSITY • 2021 • ECONOMICS • objective

A country's GDP is ₦100 billion, and its GNP is ₦120 billion. What is the value of the country's net factor income from abroad?

Answer Options

A. ₦20 billion
Correct Answer B. ₦30 billion
C. ₦40 billion
D. ₦50 billion
Correct Answer
B
Correct Option:
₦30 billion

About This Question

This is Post Utme Madonna University 2021 Economics Question 18. It is one of the objective questions from the 2021 Post Utme Madonna University 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