Post Utme Uniport 2020 Economics Question 1

Practice objective / multiple choice question 1 from the 2020 Post Utme Uniport Economics examination.

Post Utme Uniport 2020 Economics Objective / Multiple Choice
Question 1 POST_UTME_UNIPORT • 2020 • ECONOMICS • objective

Consider a country with a GDP of ₦10 trillion and a GNP of ₦11 trillion. If the country's net factor income from abroad is ₦500 billion, what is the value of its net domestic product?

Answer Options

Correct Answer A. ₦9.5 trillion
B. ₦10.5 trillion
C. ₦11.5 trillion
D. ₦12.5 trillion
Correct Answer
A
Correct Option:
₦9.5 trillion

About This Question

This is Post Utme Uniport 2020 Economics Question 1. It is one of the objective questions from the 2020 Post Utme Uniport Economics examination.

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