Waec Model Questions Vol1 2017 Economics Question 32
Practice objective / multiple choice question 32 from the 2017 Waec Model Questions Vol1 Economics examination.
In a given year a country's Gross Domestic Product (GDP) at market prices is ₦5,200 billion. Net factor income from abroad is a net outflow of ₦120 billion. Depreciation (consumption of fixed capital) amounts to ₦340 billion. The population is 25 million. Calculate the per‑capita Net National Income (NNI) expressed in thousands of naira.
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About This Question
This is Waec Model Questions Vol1 2017 Economics Question 32. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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