Neco Model Questions Vol1 2025 Economics Question 7
Practice objective / multiple choice question 7 from the 2025 Neco Model Questions Vol1 Economics examination.
Using the income approach, compute Net National Income at market prices given the following data (in billions of naira): Compensation of employees = 150, Gross operating surplus = 80, Gross mixed income = 30, Indirect taxes = 25, Subsidies = 5, Depreciation = 20, Statistical discrepancy = -3. Assume net factor income from abroad is zero.
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This is Neco Model Questions Vol1 2025 Economics Question 7. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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