Post Utme Unn 2018 Economics Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Unn Economics examination.

Post Utme Unn 2018 Economics Objective / Multiple Choice
Question 20 POST_UTME_UNN • 2018 • ECONOMICS • objective

A country's national income is calculated as the sum of all wages, rents, and profits earned by its citizens. If the country's GDP is ₦100 billion and the government's transfer payments are ₦10 billion, what will be the country's national income?

Answer Options

A. ₦90 billion
Correct Answer B. ₦100 billion
C. ₦110 billion
D. ₦120 billion
Correct Answer
B
Correct Option:
₦100 billion

About This Question

This is Post Utme Unn 2018 Economics Question 20. It is one of the objective questions from the 2018 Post Utme Unn Economics examination.

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