Neco 2022 Economics Question 17

Practice objective / multiple choice question 17 from the 2022 Neco Economics examination.

Neco 2022 Economics Objective / Multiple Choice Medium Difficulty
Question 17 NECO • 2022 • ECONOMICS • objective

In the income approach to national income, the following data (in billions of Naira) are given: Compensation of employees = 350, Gross operating surplus = 120, Gross mixed income = 80, Indirect taxes = 70, Subsidies = 15, Depreciation = 45, Net factor income from abroad = -10. Calculate the Net National Income at market prices (NNI\_MP).

Answer Options

Correct Answer A. 550
B. 515
C. 605
D. 595
Correct Answer
A
Correct Option:
550

About This Question

This is Neco 2022 Economics Question 17. It is one of the objective questions from the 2022 Neco Economics examination.

Difficulty level: Medium .

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