Post Utme Mountain Top University 2017 Economics Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2017 Economics Objective / Multiple Choice
Question 17 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GDP at market price is ₦1,500 billion, while its GNP at factor \cost is ₦1,600 billion. What is the net factor income from abroad?

Answer Options

Correct Answer A. ₦100 billion
B. ₦50 billion
C. ₦0 billion
D. ₦-50 billion
Correct Answer
A
Correct Option:
₦100 billion

About This Question

This is Post Utme Mountain Top University 2017 Economics Question 17. It is one of the objective questions from the 2017 Post Utme Mountain Top University Economics examination.

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