Neco 2019 Economics Question 26
Practice objective / multiple choice question 26 from the 2019 Neco Economics examination.
Calculate the Net National Income (NNI) given the following data: Consumption \(C = 1500\) billion, Investment \(I = 400\) billion, Government spending \(G = 600\) billion, Exports \(X = 300\) billion, Imports \(M = 200\) billion, Indirect taxes \(T = 150\) billion, Subsidies \(S = 50\) billion, Depreciation \(D = 120\) billion, and Net factor income from abroad \(NFI = 80\) billion. Use the income approach to compute NNI.
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About This Question
This is Neco 2019 Economics Question 26. It is one of the objective questions from the 2019 Neco Economics examination.
Difficulty level: Medium .
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