Neco Model Questions Vol1 2018 Economics Question 25
Practice objective / multiple choice question 25 from the 2018 Neco Model Questions Vol1 Economics examination.
National accounts data for a country are as follows: GDP at market price = ₦2,500 million; indirect taxes = ₦300 million; subsidies = ₦50 million; depreciation = ₦200 million; net factor income from abroad = -₦40 million. Compute the Net National Income at factor cost (in million naira).
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About This Question
This is Neco Model Questions Vol1 2018 Economics Question 25. It is one of the objective questions from the 2018 Neco Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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