Post Utme Wellspring University 2020 Economics Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2020 Economics Objective / Multiple Choice
Question 14 POST_UTME_WELLSPRING_UNIVERSITY • 2020 • 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 net national product.

Answer Options

A. ₦100 billion
B. ₦120 billion
Correct Answer C. ₦140 billion
D. ₦160 billion
Correct Answer
C
Correct Option:
₦140 billion

About This Question

This is Post Utme Wellspring University 2020 Economics Question 14. It is one of the objective questions from the 2020 Post Utme Wellspring University Economics examination.

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