Gce Model Questions Vol1 2025 Economics Question 46

Practice objective / multiple choice question 46 from the 2025 Gce Model Questions Vol1 Economics examination.

Gce Model Questions Vol1 2025 Economics Objective / Multiple Choice Medium Difficulty
Question 46 GCE_MODEL_QUESTIONS_VOL1 • 2025 • ECONOMICS • objective

Country X's national accounts for a given year provide the following data (in billions of naira): consumption \(C = 2500\), investment \(I = 800\), government spending \(G = 1200\), exports \(X = 600\), imports \(M = 500\), indirect taxes \(T = 300\), subsidies \(S = 50\), depreciation \(D = 400\), and net factor income from abroad \(NFIA = 120\). Calculate the Net National Income (NNI) for that year.

Answer Options

A. 3760
B. 3500
Correct Answer C. 3670
D. 3570
Correct Answer
C
Correct Option:
3670

About This Question

This is Gce Model Questions Vol1 2025 Economics Question 46. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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