Post Utme Redeemers University 2020 Economics Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2020 Economics Objective / Multiple Choice
Question 13 POST_UTME_REDEEMERS_UNIVERSITY • 2020 • ECONOMICS • objective

Consider a closed economy with a GDP of $100 billion and a GNP of $120 billion. If the net factor income from abroad is $20 billion, what is the value of the country's net foreign investment?

Answer Options

A. ( $10 billion )
Correct Answer B. ( $20 billion )
C. ( $30 billion )
D. ( $40 billion )
Correct Answer
B
Correct Option:
( $20 billion )

About This Question

This is Post Utme Redeemers University 2020 Economics Question 13. It is one of the objective questions from the 2020 Post Utme Redeemers University Economics examination.

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