Post Utme Veritas University 2023 Economics Question 38

Practice objective / multiple choice question 38 from the 2023 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2023 Economics Objective / Multiple Choice
Question 38 POST_UTME_VERITAS_UNIVERSITY • 2023 • ECONOMICS • objective

A country's GNP is calculated as follows: GNP = GDP + (net factor income from abroad). If the country's GDP is ₦1,500 billion and its net factor income from abroad is ₦100 billion, what is the country's GNP?

Answer Options

A. ₦1,600,000,000,000
Correct Answer B. ₦1,700,000,000,000
C. ₦1,800,000,000,000
D. ₦1,900,000,000,000
Correct Answer
B
Correct Option:
₦1,700,000,000,000

About This Question

This is Post Utme Veritas University 2023 Economics Question 38. It is one of the objective questions from the 2023 Post Utme Veritas University Economics examination.

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