Waec Model Questions Vol1 2020 Economics Question 14
Practice objective / multiple choice question 14 from the 2020 Waec Model Questions Vol1 Economics examination.
Using the income approach, calculate the Gross National Product (GNP) of an economy with the following data (all figures in billion Naira): wages = 500, rent = 120, interest = 80, profits = 300, indirect taxes = 150, subsidies = 30, depreciation = 100, and net factor income from abroad = -20.
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About This Question
This is Waec Model Questions Vol1 2020 Economics Question 14. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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