Post Utme Noun 2020 Economics Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Noun Economics examination.

Post Utme Noun 2020 Economics Objective / Multiple Choice
Question 10 POST_UTME_NOUN • 2020 • ECONOMICS • objective

A country's GNP is $120 billion, its GDP is $100 billion, and its net factor income from abroad is $10 billion. What is its balance of payments?

Answer Options

Correct Answer A. ₦10 billion surplus
B. ₦10 billion deficit
C. ₦20 billion surplus
D. ₦20 billion deficit
Correct Answer
A
Correct Option:
₦10 billion surplus

About This Question

This is Post Utme Noun 2020 Economics Question 10. It is one of the objective questions from the 2020 Post Utme Noun Economics examination.

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