Post Utme Ui 2023 Economics Question 8

Practice objective / multiple choice question 8 from the 2023 Post Utme Ui Economics examination.

Post Utme Ui 2023 Economics Objective / Multiple Choice
Question 8 POST_UTME_UI • 2023 • ECONOMICS • objective

A country's GDP is ₦100 billion, its imports are ₦20 billion, and its net factor income from abroad is ₦10 billion. Calculate the country's GNP.

Answer Options

A. ₦90 billion
Correct Answer B. ₦110 billion
C. ₦120 billion
D. ₦130 billion
Correct Answer
B
Correct Option:
₦110 billion

About This Question

This is Post Utme Ui 2023 Economics Question 8. It is one of the objective questions from the 2023 Post Utme Ui Economics examination.

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