Post Utme Uniport 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Uniport Economics examination.

Post Utme Uniport 2017 Economics Objective / Multiple Choice
Question 23 POST_UTME_UNIPORT • 2017 • ECONOMICS • objective

Consider a country with a GDP of ₦100 billion and a GNP of ₦120 billion. If the country's net factor income from abroad is ₦20 billion, find the country's national income u\sing the identity GNP = GDP + net factor income from abroad.

Answer Options

A. ₦140 billion
B. ₦160 billion
Correct Answer C. ₦180 billion
D. ₦200 billion
Correct Answer
C
Correct Option:
₦180 billion

About This Question

This is Post Utme Uniport 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Uniport Economics examination.

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