Post Utme Summit University 2024 Economics Question 16

Practice objective / multiple choice question 16 from the 2024 Post Utme Summit University Economics examination.

Post Utme Summit University 2024 Economics Objective / Multiple Choice
Question 16 POST_UTME_SUMMIT_UNIVERSITY • 2024 • ECONOMICS • objective

Suppose a country's GDP is ₦100 billion and its GNP is ₦120 billion. What is the net factor income from abroad?

Answer Options

Correct Answer A. ₦20 billion
B. ₦30 billion
C. ₦40 billion
D. ₦50 billion
Correct Answer
A
Correct Option:
₦20 billion

About This Question

This is Post Utme Summit University 2024 Economics Question 16. It is one of the objective questions from the 2024 Post Utme Summit University Economics examination.

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