Post Utme Madonna University 2025 Economics Question 33

Practice objective / multiple choice question 33 from the 2025 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2025 Economics Objective / Multiple Choice
Question 33 POST_UTME_MADONNA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP is calculated as the sum of the value of all final goods and services produced within its borders. If a country's GDP is ₦1,000,000 and its GNP is ₦1,200,000, what is the value of the country's net factor income from abroad?

Answer Options

A. ₦200,000
Correct Answer B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Madonna University 2025 Economics Question 33. It is one of the objective questions from the 2025 Post Utme Madonna University Economics examination.

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