Gce Model Questions Vol1 2018 Economics Question 12
Practice objective / multiple choice question 12 from the 2018 Gce Model Questions Vol1 Economics examination.
Using the income approach, the following data are given (in billions of naira): Consumption \(C = 500\), Investment \(I = 150\), Government spending \(G = 200\), Exports \(X = 120\), Imports \(M = 80\), Indirect taxes \(T = 60\), Subsidies \(S = 20\), Depreciation \(D = 90\), Net factor income from abroad \(NFI = -10\). The population is 25 million. Calculate the national income per capita (NNI per capita).
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About This Question
This is Gce Model Questions Vol1 2018 Economics Question 12. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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