Neco 2021 Economics Question 25
Practice objective / multiple choice question 25 from the 2021 Neco Economics examination.
Given the following data (in million Naira): Consumption = 1500, Investment = 400, Government spending = 600, Exports = 300, Imports = 350, Indirect taxes = 200, Subsidies = 50, Net factor income from abroad = -30. Compute Gross Domestic Product (GDP) using the expenditure approach and then calculate Net National Income (NNI).
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About This Question
This is Neco 2021 Economics Question 25. It is one of the objective questions from the 2021 Neco Economics examination.
Difficulty level: Medium .
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