Waec 2021 Economics Question 31

Practice objective / multiple choice question 31 from the 2021 Waec Economics examination.

Waec 2021 Economics Objective / Multiple Choice 3 Difficulty

Question 31 WAEC • 2021 • ECONOMICS • objective

DATA - D1

                            The following data relates to the national income of a country.

Gross domestic product \( =\boldsymbol{\$} \mathbf{~ 2 , 8 0 0} \)
Net factor income from abroad
\[=\$ 250\]

Depreciation = $700
Indirect taxes = $120
Use it to answer questions 31 and 32.

                        

What is the country's Gross National Product (GNP)?

Answer Options

A. $3,050

Correct Answer B. $2,680

C. $2,350

D. $2,100

Correct Answer

Correct Option:

$2,680

About This Question

This is Waec 2021 Economics Question 31. It is one of the objective questions from the 2021 Waec Economics examination.

Difficulty level: 3 .

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