Post Utme Mountain Top University 2018 Economics Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2018 Economics Objective / Multiple Choice
Question 5 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GNP is calculated as the sum of its GDP plus its net factor income from abroad. If a country's GDP is ₦100 billion and its net factor income from abroad is ₦20 billion, what is its GNP?

Answer Options

Correct Answer A. ₦120 billion
B. ₦100 billion
C. ₦80 billion
D. ₦120 billion
Correct Answer
A
Correct Option:
₦120 billion

About This Question

This is Post Utme Mountain Top University 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Mountain Top University Economics examination.

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