Post Utme Veritas University 2024 Economics Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2024 Economics Objective / Multiple Choice
Question 5 POST_UTME_VERITAS_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GNP is given by the equation GNP = GDP + (net factor income from abroad). If the country's GDP is ₦200 billion and its net factor income from abroad is ₦20 billion, what is the country's GNP?

Answer Options

A. ₦220 billion
B. ₦240 billion
C. ₦260 billion
Correct Answer D. ₦280 billion
Correct Answer
D
Correct Option:
₦280 billion

About This Question

This is Post Utme Veritas University 2024 Economics Question 5. It is one of the objective questions from the 2024 Post Utme Veritas University Economics examination.

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