Post Utme Wellspring University 2022 Economics Question 20

Practice objective / multiple choice question 20 from the 2022 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2022 Economics Objective / Multiple Choice
Question 20 POST_UTME_WELLSPRING_UNIVERSITY • 2022 • ECONOMICS • objective

The government of Nigeria is considering a policy to increase the production of industrial goods. If the current GNP is ₦15 trillion and the government expects an increase of 15% in industrial production, what will be the new GNP?

Answer Options

A. ₦17.25 trillion
Correct Answer B. ₦17.5 trillion
C. ₦17.75 trillion
D. ₦18 trillion
Correct Answer
B
Correct Option:
₦17.5 trillion

About This Question

This is Post Utme Wellspring University 2022 Economics Question 20. It is one of the objective questions from the 2022 Post Utme Wellspring University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support