Post Utme Mountain Top University 2019 Economics Question 21

Practice objective / multiple choice question 21 from the 2019 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2019 Economics Objective / Multiple Choice
Question 21 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2019 • ECONOMICS • objective

Consider a country with a GDP of ₦10 trillion and a population of 200 million. If the country's GDP per capita is ₦50,000, what is the implied value of the country's GNP?

Answer Options

A. ₦10 trillion
Correct Answer B. ₦20 trillion
C. ₦30 trillion
D. ₦40 trillion
Correct Answer
B
Correct Option:
₦20 trillion

About This Question

This is Post Utme Mountain Top University 2019 Economics Question 21. It is one of the objective questions from the 2019 Post Utme Mountain Top University Economics examination.

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