Neco Model Questions Vol1 2024 Economics Question 18

Practice objective / multiple choice question 18 from the 2024 Neco Model Questions Vol1 Economics examination.

Neco Model Questions Vol1 2024 Economics Objective / Multiple Choice Medium Difficulty

Question 18 NECO_MODEL_QUESTIONS_VOL1 • 2024 • ECONOMICS • objective

A country's Gross National Income (GNI) was \(10,000\) billion Naira in 2022, with a population of 200 million. In 2023 the population grew by 2.5 % and GNI grew by 4 %. What was the per‑capita GNI in 2023, expressed in thousands of Naira (rounded to the nearest whole thousand)?

Answer Options

A. 50

B. 52

C. 54

Correct Answer D. 51

Correct Answer

Correct Option:

About This Question

This is Neco Model Questions Vol1 2024 Economics Question 18. It is one of the objective questions from the 2024 Neco Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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Neco Model Questions Vol1 2024 Economics Question 18

A country's Gross National Income (GNI) was \(10,000\) billion Naira in 2022, with a population of 200 million. In 2023 the population grew by 2.5 % and GNI grew by 4 %. What was the per‑capita GNI in 2023, expressed in thousands of Naira (rounded to the nearest whole thousand)?

Answer Options

About This Question

Master the Exam!

A country's Gross National Income (GNI) was \(10,000\) billion Naira in 2022, with a population of 200 million. In 2023 the population grew by 2.5 % and GNI grew by 4 %. What was the per‑capita GNI in 2023, expressed in thousands of Naira (rounded to the nearest whole thousand)?